Singtel Strategic Investments Backs ADVANC Tender Offer With NewCo
Singtel Strategic Investments Backs ADVANC Tender Offer With NewCo
On 3 October 2024, GULF and INTUCH approved a merger to form NewCo, effectively ceasing their status as separate juristic persons as part of a restructuring effort.The tender offer will cover the remaining 1.08 billion shares of ADVANC.
该收购要约将涵盖ADVANC剩余的10.8亿股股票。
Singtel Strategic Investments (SSI) intends to participate in the conditional voluntary tender offer for all remaining securities of Advanced Info Service (ADVANC) alongside Gulf Energy Development (GULF), Intouch Holdings (INTUCH), and GULF's major shareholder, Sarath Ratanavadi.
新电信战略投资（SSI）打算参与对爱文思控股（ADVANC）剩余所有证券的有条件自愿要约，同时与能源（GULF）、英特智控股（INTUCH）及GULF的主要股东Sarath Ratanavadi一同进行。
The tender offer will cover the remaining 1.08 billion shares of ADVANC, representing 36.25% of the company's total shares with voting rights.
此次要约将涵盖ADVANC剩余的10.8亿股，占公司所有具有表决权股份的36.25%。
On 3 October 2024, GULF and INTUCH approved a merger to form NewCo, effectively ceasing their status as separate juristic persons as part of a restructuring effort.
在2024年10月3日，GULF和INTUCH批准合并成立新公司（NewCo），有效地终止它们作为独立法人主体的地位，作为重组努力的一部分。
NewCo will assume all assets, liabilities, rights, obligations, and responsibilities of GULF and INTUCH by operation of law. This includes INTUCH's 1.2 billion shares in ADVANC, which account for 40.44% of the total issued and paid-up shares of the company.
新公司将根据法律自动承担GULF和INTUCH的所有资产、负债、权利、义务和责任。这包括INTUCH在ADVANC的12亿股股份，占公司总发行和已缴纳股份的40.44%。
In addition, NewCo will be required to conduct a mandatory tender offer for all ADVANC securities, as its shareholding in the company will surpass the mandatory tender offer threshold.
此外，新公司将被要求对所有ADVANC证券进行强制要约，因为其在公司的参股金融将超过强制要约的门槛。