Sinarmas Land Limited Shareholders Offered S\$0.31 in Cash for Each Share: What You Need to Know

A voluntary unconditional cash offer has been made by PricewaterhouseCoopers Corporate Finance Pte Ltd (“PwC CF”), for and on behalf of Lyon Investments Limited (the “Offeror”), to acquire all issued and paid-up ordinary shares in Sinarmas Land Limited (the “Company”). The offer, which is open to all shareholders, is at S\$0.31 per share.

Key Points to Consider:

• The Offeror, Lyon Investments Limited, is making a voluntary unconditional cash offer to acquire all issued and paid-up ordinary shares in Sinarmas Land Limited at S\$0.31 per share.
• The Offer is open to all shareholders who wish to accept it, but they need to follow specific procedures and timelines to ensure their acceptance is processed correctly.
• Shareholders who wish to accept the offer must complete a Form of Acceptance and Transfer (the “FAT”) and submit it with all required documentation by 5:30 p.m. on May 14, 2025.
• The Offer is irrevocable and will be deemed accepted once the shareholder completes and submits the FAT with the required documentation.

Acceptance Procedure and Important Dates

To accept the offer, shareholders need to follow specific procedures:

• Complete the FAT in accordance with the Offer Document and instructions provided.
• Sign the FAT in accordance with the Offer Document and the instructions printed on it.
• Deliver the duly completed and signed original FAT, share certificate(s), and other relevant documents required by the Offeror.

Important dates to note:

• Closing Date: The offer will close at 5:30 p.m. on May 14, 2025.

Information Required for Acceptance

Shareholders need to provide their name, address, and NRIC/Passport number.
For joint shareholdings, all joint shareholders must sign the FAT.
In the case of a corporation, the FAT must be executed under its common seal or in a manner binding on it under the laws of its country of incorporation.

Documentation and Risks

Shareholders need to be aware of several documentation-related requirements and risks:

• Correct name and address must be provided; if there are errors, they need to lodge a Marriage Certificate or Deed Poll.
• If shares are held jointly, all joint shareholders must sign the FAT.
• In cases where a share certificate is not available or has been lost, the shareholder must follow procedures outlined by B.A.C.S. Private Limited.

Additional Tips and Reminders

• All personal data provided will be collected, used, disclosed, and stored in accordance with applicable laws and regulations.
• Submission of the duly completed and signed FAT along with relevant documents will be considered conclusive evidence of the person’s right and title to the shares.
• No acknowledgment of receipt will be provided for any documents submitted. Processing will only occur on business days.

What This Means for Shareholders

The offer represents a mandatory purchase of shares at S$0.31 each. Shareholders must ensure timely submission and completeness of documentation for a successful transaction.

Disclaimer

The information provided here is for general guidance only and should not be considered investment advice. Shareholders are advised to consult with a financial advisor or stockbroker before making any decisions. Neither the Offeror nor PwC CF or the Share Registrar assumes responsibility for any action or omission in respect of this form or information submitted therewith.

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