Best World International Limited (SG:CGN) has released an update.
Best World International Limited, a Singapore-incorporated company, is moving forward with a delisting exercise through selective capital reduction, offering an exit to eligible shareholders by returning their share capital in cash. This approach will not include major shareholders and their affiliates, who collectively hold a significant portion of the company’s shares. The exit offer is being made in compliance with Rule 1309 of the Listing Manual, ensuring a fair and reasonable process with a default cash alternative.
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