Ban Leong taps Asian Corporate Advisors as IFA for Epicsoft’s acquisition bid

Epicsoft Asia offered $0.6029 per share to buy out Ban Leong.

Ban Leong Technologies Limited has named Asian Corporate Advisors Private Limited as the independent financial adviser (IFA) for Epicsoft Asia Pte. Ltd.’s proposed acquisition.

Shareholders will receive the offeree circular, which includes the IFA’s advice and the Independent Directors’ recommendation, within 14 days from the offer document’s despatch date.

Epicsoft Asia made a voluntary conditional cash offer of $0.6029 per share for all issued and paid-up Ban Leong shares, excluding treasury shares.

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