Brief: Challenger Technologies Says Exit Offer Payable To Shareholder Reduced To S$0.540 Per Share

Challenger Technologies

12/06/2019 02:29

June 12 (Reuters) - Challenger Technologies Ltd  CHAL.SI :
    * SGX-ST HAS NO OBJECTION TO DELISTING, WHICH IS SUBJECT TO
APPROVAL BY SHAREHOLDERS
    * NON-CONFLICTED DIRECTORS UNANIMOUSLY RECOMMEND
SHAREHOLDERS TO
VOTE IN FAVOUR OF DELISTING RESOLUTION AND ACCEPT EXIT OFFER
    * EXIT OFFER PAYABLE TO SHAREHOLDER WHO ACCEPTS EXIT OFFER
TO BE
REDUCED BY FY18 DIVIDEND TO S$0.540 FOR EACH OFFER SHARE

Source text for Eikon:  ID:nSNZ9xG1rG   urn:newsml:reuters.com:*:nSNZ943mVp
Further company coverage:  CHAL.SI 

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