27 Dec '12, 1pm

Offer price for SC Global fair: independent advisers

http://www.businesstimes.com.sg/prem...isers-20121227 Published December 27, 2012 Offer price for SC Global fair: independent advisers Shareholders urged to accept bid or sell in open market if price is higher By Mindy Tan THE $1.80-per-share offer by chief executive and chairman Simon Cheong for shares in SC Global is "fair and reasonable", say the high-end residential property development company's independent financial advisers. In a circular sent to shareholders yesterday, SC Global's independent directors said that they agreed with the advice, and recommended that shareholders accept the offer, or sell their shares in the open market if they can obtain a price higher than the offer price (after deducting related expenses). Yesterday, SC Global's shares eased two cents to close at $1.925 before the circular was released. Independent advisers PrimePartners Corporate Fin...

Full article: http://forums.condosingapore.com/showthread.php?p=348331#...

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