Gazelle Ventures Moves to Consolidate No Signboard Holdings

No Signboard Holdings Ltd. (SG:9I7) has released an update.

Gazelle Ventures Pte. Ltd. has made a mandatory unconditional cash offer to acquire all available shares of No Signboard Holdings Ltd, with acceptances received for approximately 0.237% of total issued shares as of 7th May 2024. Prior to the offer announcement, the Offeror and its concert parties already controlled 75% of No Signboard’s issued shares. No additional shares have been acquired by the Offeror Group outside of the acceptances since the offer announcement.

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