Isetan Singapore to delist on Sept 19

Quick Summary:

The company's shares have been suspended since Aug 29.

The consideration implies a 37.4 per cent premium over the counter’s highest closing market price of $5.24 in the past five years.

There are also no other alternatives for shareholders to realise the value of their investment in their shares, it added.

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Article Details

Category: EconomyBusiness

Markets: SingaporeJapan

Topics: Mitsukoshi Singapore Million Operator Year Shares Isetan Department Company Shareholders Store

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-17 @ 14:35:00 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: straitstimes.com

Language: English

Article Length: 347 words

Reading Time: 2 minutes read

Sentences: 19 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Straits Times

News ID: 22562091

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