LYON INVESTMENTS LIMITED Launches Voluntary Unconditional Cash Offer for Sinarmas Land Limited

Key Points to Consider for Shareholders

In a recent announcement, PricewaterhouseCoopers Corporate Finance Pte Ltd, on behalf of Lyon Investments Limited, has made a voluntary unconditional cash offer to acquire all the issued and paid-up ordinary shares in Sinarmas Land Limited. Here are the key points to consider:
The Offer: The Offeror, Lyon Investments Limited, has made a voluntary unconditional cash offer to acquire all the issued and paid-up ordinary shares in Sinarmas Land Limited.
Despatch of Documents: The Offer Document, Notification Letter, and Acceptance Forms have been published on the website of the SGX-ST at https://www.sgx.com].
Acceptance Procedures: Shareholders who wish to accept the Offer must do so by completing and returning the FAA or FAT, as applicable, to the Offeror by 5:30 pm on the Closing Date, which is May 14, 2025.

What Shareholders Need to Know

The Offeror has elected to despatch the Offer Document electronically, and no printed copies will be sent to Shareholders. Instead, Shareholders can access the documents online or through their CDP accounts.
Eligibility: The Offer is open to all Shareholders, including those whose Offer Shares are not deposited with CDP.
Overseas Persons: The availability of the Offer to Shareholders whose mailing addresses are outside of Singapore may be affected by the laws of the relevant overseas jurisdictions.

Procedures for Acceptance

To accept the Offer, Shareholders can:
Complete and Return FAA or FAT: If you hold Offer Shares which are deposited with CDP, you can complete and return the FAA or FAT, as applicable, by post or electronically via SGX Investor Portal.
Obtain Notification Letter and Acceptance Forms: Shareholders who do not receive the Notification Letter and/or Acceptance Forms can obtain them by submitting a request to CDP or the Share Registrar.

Important Information for CPFIS and SRS Investors

CPFIS Investors: CPFIS Investors will receive further information on how to accept the Offer from the CPF Agent Banks directly.
SRS Investors: SRS Investors will receive further information on how to accept the Offer from the SRS Agent Banks directly.

Disclaimer and Caution

The Offeror and the Financial Adviser each reserve the right to notify any matter, including the fact that the Offer has been made, to any or all Shareholders (including Overseas Persons) by announcement or notice to the SGX-ST and if necessary by paid advertisement in a newspaper published and circulated in Singapore.

Additional Information

The Offeror and the Financial Adviser each reserve the right to notify any matter, including the fact that the Offer has been made, to any or all Shareholders (including Overseas Persons) by announcement or notice to the SGX-ST and if necessary by paid advertisement in a newspaper published and circulated in Singapore.
Disclaimer: The information provided in this article is based on the announcement dated 14 April 2025, and we have taken reasonable care to ensure that the facts stated and opinions expressed are fair and accurate. However, we advise readers to consult the original document and/or seek professional advice before making any investment decisions. The Offeror and any person acting on its behalf (including the Financial Adviser) shall not be liable for any taxes, imposts, duties, or other requisite payments due in such jurisdiction.

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