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Enabler Bidco to acquire Econ Healthcare for $0.33 per share

The offer is 20% above the last traded price on 14 January.

Enabler Bidco, a Cayman Islands-based special purpose company, will acquire Econ Healthcare (Asia) Limited through a scheme of arrangement under Singapore’s Companies Act.

Under the deal, shareholders can choose between S$0.33 in cash per share or S$0.224 in cash plus 0.321148 HoldCo shares. If no choice is made, they will receive the full cash amount.

The offer represents a 20% premium over Econ Healthcare’s last traded price on 14 January 2025, and up to 54.9% above the two-year average price.

Enabler Bidco believes privatising the Company will provide flexibility for long-term execution and reduce costs and resources tied to its listed status.

The acquisition is pending shareholder and regulatory approvals.
 

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