Sihayo Gold Limited (AU:SIH) has released an update.
Provident Aurum Pte. Ltd. has announced its takeover bid for Sihayo Gold Limited is now unconditional and urges shareholders to accept the 0.225 cents per share offer promptly. Shareholders who do not accept the offer may have their shares compulsorily acquired if Provident Aurum’s ownership reaches 90%, with the aim to subsequently delist Sihayo from the ASX. The company emphasizes that accepting the offer now will ensure shareholders receive their payment sooner.
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