Gazelle Ventures Proposes Buyout of 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 the issued and paid-up ordinary shares of No Signboard Holdings Ltd, not already held by them. As of May 8, 2024, they have received acceptances for approximately 0.322% of the shares, adding to their already substantial holding of 75% of the total issued shares and 100% of the convertible redeemable preference shares.

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