Silverlake Axis Receives Unconditional Takeover Offer

Silverlake Axis (SG:5CP) has released an update.

Silverlake Axis Ltd. has received an unconditional offer from E2I Pte. Ltd. to acquire all issued and paid-up ordinary shares not already held by the company or the offeror, according to a series of announcements including the appointment of an independent financial adviser. The company has also been granted a waiver from certain listing rules and an extension for its upcoming Annual General Meeting and filing of annual returns. The offer details and subsequent acceptance levels were disclosed through various statements released between August and September 2024.

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