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Ron Sim makes $1.32 per share offer for Osim with view to privatise company

SINGAPORE (March 7): CEO Ron Sim of Osim International has made a voluntary unconditional cash offer of $1.32 for all the issued ordinary shares in the company. Sim is making an offer with a view to delist and privatise Osim. Sim currently owns 68.31% of the company, and his offer represents a premium of 18.9% on the last traded price per share on the Singapore Exchange, it added. Credit Suisse (Singapore) is acting as exclusive financial advisor and Morgan Lewis Stamford as legal advisor to Ron...
Ron Sim Osim International Singapore Exchange Morgan Lewis Stamford

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