Cash Offer: Offer Price

cash offer: Since the Kuoks had received valid acceptances of over 90 per cent on Dec 11, they can exercise the right of compulsory acquisition over all shares held by shareholders who have not accepted the offer by the final closing date of Jan 2, according to The Independent. Provenance Capital, the independent financial adviser, had earlier advised the independent directors of POSH to recommend that shareholders accept the cash offer because it is fair and reasonable . ; sentifi Market voices on ; The shares will be acquired on the same terms as those tendered under the general offer, at the offer price of S 0.215 per share. (news.financializer.com). As reported in the news.