Best World International Limited has made an exit offer of $2.50 per share to eligible shareholders via selective capital reduction to realise its privatisation plans.
The proposed share price of $2.50 is 42.9% higher than the shares’ last traded price of $1.75 on 21 March, the last full day of trading prior to the company’s announcement on delisting.It also represents a premium of 82.5% over the net asset value per share of $1.37 for the last financial year.
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