Isetan (Singapore) Limited (SG:I15) has released an update.
Isetan (Singapore) Limited has announced that it has been granted court permission to hold a meeting concerning a proposed scheme of arrangement for the acquisition of its shares by Isetan Mitsukoshi Ltd., a move that could lead to its delisting from the Singapore Exchange. Shareholders are referenced to prior announcements regarding the terms and approvals required for the acquisition, which is subject to the approval of the majority of shareholders and the High Court of Singapore.
For further insights into SG:I15 stock, check out TipRanks’ Stock Analysis page.
