The Singapore market has been underperforming in relative to other major indices for some time now, and technically stocks in the market here are generally not over-priced (read here). Perhaps this why recently, there is news of listed companies receiving buyout offers from their management teams and their related parties. With the flurry of privatisation of Singapore market listed companies in recent weeks – read here (it appears to be a continuation of last year’s string of privatisation exercises)… suddenly the Singapore market appears ‘sexy’ again. What’s interesting is that for some of these companies, their share prices have been on the uptrend for many months or years. The buyout offer was initiated by their management teams and their related parties. Who obviously think that their companies’ stock prices are cheap. In fact, if you search under Value Buddies, many have argued that in the case of Spindex, the Cash Consideration ......