SIAS Urges NeraTel Shareholders to Reject Ennoconn Corp's Mandatory Offer
SIAS Urges NeraTel Shareholders to Reject Ennoconn Corp's Mandatory Offer
SAC Capital said the offer is "not fair and not reasonable."
SAC Capital表示,这份要约"既不公平也不合理"。
The Securities and Investors Association (Singapore) (SIAS) is urging Nera Telecom shareholders to reject the mandatory unconditional cash offer of $0.075 per share from Ennoconn Corp.
新加坡证券和投资者协会(SIAS)敦促Nera Telecom股东拒绝Ennoconn公司每股0.075美元的强制性无条件现金要约。
The independent financial adviser (IFA), SAC Capital, has stated that the offer is "not fair and not reasonable."
独立财务顾问(IFA)SAC Capital表示,这份要约"既不公平也不合理"。
Nera's independent directors support this recommendation and advise shareholders to decline the offer.
Nera的独立董事支持这项建议,并建议股东拒绝这份要约。
SIAS clarified that the term "mandatory" does not require shareholders to accept the offer; they are free to retain their shares.
SIAS澄清"强制性"一词并不要求股东接受要约;他们可以自由选择保留股份。
Ennoconn Corp has also announced it will not change the offer price, does not intend to pursue compulsory acquisition, and plans to keep Nera listed.
Ennoconn公司还宣布将不改变要约价格,也没有打算追求强制收购,并计划继续保持Nera上市。
SIAS reiterates the advice of the IFA and independent directors that shareholders should reject the offer.
SIAS重申独立财务顾问和独立董事的建议,股东应该拒绝这份要约。