Friday, 28 October 2016

Stock Market News : Innovalues shareholders should accept offer UOB .


Image result for uob png

UOB Kay Hian encourages Innovalues shareholders to acknowledge the buyout offer by Northstar, refering to the offer cost as in accordance with its objective cost of $1.01. 


In a Thursday note, lead expert Nicholas Leow noticed that worldwide development headwinds going into 2017 makes the offer appealing for speculators. 

Northstar's auxiliary, Precisions Solutions Group have proposed to obtained Innovalues offers at $1.01 per partake in real money or one share of Precisions Solutions and 61 pennies in real money per share.

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