05 Jul 2017

Pre-conditional voluntary general offer by SAC Capital Private Limited for and on behalf of Sigurd Microelectronics Corporation

Partners Sandy Foo, Favian Tan and Associate Ng Su Rong from the Capital Markets/Mergers & Acquisitions practice are acting for Sigurd Microelectronics Corporation (“Offeror”) in the pre-conditional voluntary general offer (“Offer”) by SAC Capital Private Limited, for and on behalf of the Offeror, to acquire all the issued and paid-up ordinary shares in the capital of Bloomeria Limited ("Company") other than those already held by the Offeror.

Based on the offer price of S$0.03349 per Share, the Offer values the Company at approximately S$73.8 million.