No Signboard Holdings Ltd. (SG:9I7) has released an update.
Gazelle Ventures Pte. Ltd. has made a mandatory unconditional cash offer to acquire all the shares of No Signboard Holdings Ltd not already in its control, with the offer resulting in an additional 0.1192% of shares tendered as of April 30, 2024. Prior to the offer, Gazelle Ventures and its affiliates already owned 75% of No Signboard Holdings’ shares and 100% of its convertible redeemable preference shares (CRPS). Since the offer announcement, there have been no further acquisitions outside of the offer acceptances.
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