Francken offers $0.18 in cash for each Juken share or 1 new Francken share for every 1.8 Juken shares subject to.......
Thursday, 17 May, 2012 11:36 AM
Posted by Kevin Scully
Francken has made its Pre-conditional offer for Juken in an announcement made last night. Please read the announcement. The key terms of the offer are:
a) S$0.18 cents cash for each Juken share; or
b) 1 new Francken share for every 1.8 Juken shares
subject to Francken obtaining at least 50% of the issued shares of Juken including any warrants or options that have been exercised.
Investors should wait for the advice of the Independent Financial Adviser before deciding what to do with the Pre-Conditional Offer....
