Hai Leck Founder Offers $0.55 per Share to Privatise Company
Hai Leck Founder Offers $0.55 per Share to Privatise Company
Cheng controls 88.9% of Hai Leck through his direct stake and Cheng Capital.Cheng holds 88.9% of $Hai Leck (BLH.SG)$ .
程持有88.9%的 $海陸控股 (BLH.SG)$ .
Hai Leck Holdings founder Cheng Buck Poh has made an offer to privatise the company at $0.55 per share via a scheme of arrangement.
海陸控股創始人程福波已提議通過安排計劃以每股0.55美元的價格使公司私有化。
According to the joint announcement by the company and Cheng Investment Management Pte. Ltd., the offer excludes shares held by Cheng, his affiliated company Cheng Capital Holdings Pte. Ltd., and any treasury shares.
根據公司與程投資管理私人有限公司的聯合公告，該提議不包括程、其附屬公司程資本控股私人有限公司以及任何庫藏股所持有的股份。
Cheng controls 88.9% of Hai Leck through his direct stake and Cheng Capital.
程通過他的直接持股和程資本控股控制了海陸88.9%的股份。
The acquisition will focus on the remaining eligible shares, with shareholders set to receive $0.55 in cash for each share.
此次收購將集中於其餘合資格股份，股東將每股收到0.55美元現金。
The move comes as the company faces financial challenges, having reported a net loss of $0.1m for the financial year ended 30 June 2024, compared to a net profit of $4.3m the previous year.
此舉是在公司面臨財務挑戰之際，報告截至2024年6月30日的財年淨虧損爲10萬，而前一年淨利潤爲430萬。
Cheng Investment Management believes the privatisation will provide the necessary flexibility to manage the company's operations and long-term strategy more effectively as a private entity.
城投資管理認爲，私有化將爲管理公司的運營和長期策略提供必要的靈活性，從而更有效地作爲一傢俬營實體進行管理。
