PeakBayou acquires 91.06% of AMOS’ issued shares
This represents an aggregate of 189 million shares from Amos.
PeakBayou, through PrimePartners Corporate Finance, has exercised its rights of compulsory acquisition to buy 91.06% of Amos Group Limited’s shares, according to a bourse filing.
This represents an aggregate of 189 million shares from Amos.
Given the acquisition, the percentage of Amos’ shares held by the public as of 5 November is approximately 8.94% and is therefore less than the requisite 10% under the Free Float Requirement.
Accordingly, trading of the shares will be suspended at the close of the offer under Rule 1303(1) of the Listing Manual.