Silverlake Axis gets privatisation offer with 36 cents per share cash option

SINGAPORE: A group led by Silverlake Axis chairman Goh Peng Ooi has made a voluntary unconditional offer to take the enterprise technology company private at 36 cents in cash per share, it was announced on Aug 26.

Alternatively, shareholders may choose to receive a combination of 30 cents per share in cash, together with one new redeemable preference share (RPS) in the capital of the offeror, E2I, for each offer share.