INDEPENDENT FINANCIAL ADVISER. As at the date of this announcement, the Company has not appointed an Independent Financial Adviser in connection with the Proposal and the RSU Proposal. The Independent Financial Adviser will be appointed by the Board, with the approval of the Independent Board Committee, in due course to advise the Independent Board Committee on the Proposal, the Scheme and the RSU Proposal. A further announcement will be made after the appointment of the Independent Financial Adviser.
INDEPENDENT FINANCIAL ADVISER. As at the date of this announcement, the Company has not appointed an Independent Financial Adviser in connection with the Proposal and the RSU Proposal. The Independent Financial Adviser will be appointed by the Board, with the approval of the Independent Board Committee, in due course to advise the Independent Board Committee on the Proposal, the Scheme and the RSU Proposal. A further announcement will be made after the appointment of the Independent Financial Adviser. The Scheme Document will contain the view of the Independent Board Committee (after considering the advice of the Independent Financial Adviser) on whether the Proposal, the Scheme and the RSU Proposal are fair and reasonable and in the interests of the Shareholders as a whole.
INDEPENDENT FINANCIAL ADVISER. Gram Capital has been appointed to advise the Independent Board Committee and the Independent Shareholders in respect of the New Sales Framework Agreement and the transactions contemplated thereunder, and the placement of deposits under the New Financial Services Framework Agreement (including the amount of the proposed annual caps).
INDEPENDENT FINANCIAL ADVISER. An independent financial adviser will be appointed to advise the independent Directors of the Manager and the Audit Committee (as the case may be) in respect of the Whitewash Resolution and the Proposed IPT Transactions in due course.
INDEPENDENT FINANCIAL ADVISER. The Company appointed CIMB Bank Berhad, Singapore Branch, as independent financial adviser of the Company, to undertake a valuation analysis of the Company and opine on the fairness and reasonableness of the offer by the Buyer pursuant to the Proposed Transaction.
INDEPENDENT FINANCIAL ADVISER. An independent financial adviser has been appointed by the Company to advise the Independent Board Committee and the Independent Shareholders as to whether the terms of the Second Cooperation Agreement are on normal commercial terms or better, in the ordinary and usual course of business of the Company, and in the interests of the Company and the Shareholders as a whole.
INDEPENDENT FINANCIAL ADVISER. The Company has appointed KPMG Corporate Finance Pte. Ltd. as the independent financial adviser to provide an opinion on whether the Proposed Acquisition is on normal commercial terms and is not prejudicial to the interests of the Company and its minority Shareholders (the "IFA Opinion"). The Audit Committee of the Board will be obtaining the IFA Opinion before forming its view on the Proposed Acquisition. A copy of the IFA Opinion will be included in the circular to be despatched to Shareholders in due course.
INDEPENDENT FINANCIAL ADVISER. Pursuant to Rule 921(4)(a) of the Listing Rules, the Circular shall provide an opinion, in the form of a separate letter, from an independent financial adviser who is acceptable to the SGX-ST (“IFA”), stating whether the Agreement (i) is on normal commercial terms; and (ii) is not prejudicial to the interest of the Company and its independent shareholders. In this respect, the Company will be engaging an IFA in due course to provide an opinion to the Directors (other than Mr. Chalermchai Mahagitsiri) (the "Non-Interested Directors") on whether the Agreement is on normal commercial terms and is not prejudicial to the interests of the Company and its independent shareholders ("IFA Opinion"). The IFA Opinion will be included in the circular ("Circular") to be despatched in due course to the shareholders in connection with the Agreement and to convene the EGM to approve the resolutions in connection with the Agreement.
INDEPENDENT FINANCIAL ADVISER. An independent financial adviser (the “IFA”) will be appointed by the Company in accordance with Chapter 9 of the Catalist Rules to advise the Directors of the Company who are considered independent for the purposes of the Lease Agreement and the Management Agreement on whether the terms of the Lease Agreement and the Management Agreement are on normal commercial terms and whether they are prejudicial to the interests of the Company and its minority shareholders. The Company will, in due course, dispatch to Shareholders a circular containing further details of the Lease Agreement and the Management Agreement, the opinion of the IFA and enclosing a notice of EGM in connection therewith.
INDEPENDENT FINANCIAL ADVISER. Provenance Capital Pte. Ltd. (“Independent Financial Adviser”) has been appointed as the independent financial adviser to Shareholders in relation to the Interested Person Transaction and the Whitewash Resolution. The opinion of the Independent Financial Adviser will be set out in the circular to Shareholders.
