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INDIABULLS REAL ESTATE LTD. - Updates
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11 Oct 2017
Sub: Voluntary unconditional cash offer announcement for acquisition of all units in Indiabulls Properties Investment Trust, a SGX-ST listed business trust (&apos;IPIT&apos;) by Brenformexa Limited (&apos;the Offeror&apos;), a wholly-owned subsidiary of Indiabulls Real Estate Limited (&apos;the Company&apos;)&lt;BR&gt; &lt;BR&gt; &lt;BR&gt; We wish to inform, that the Offeror has announced that it intends to make a voluntary unconditional cash offer (&apos;Offer&apos;) for all of the issued units in IPIT (&apos;Units&apos;), other than those already owned and controlled by its related corporations or their respective nominees, at the offer price of S$ 0.90 per unit in IPIT (&apos;Offer Price&apos;) (&apos;Offer Announcement&apos;). A copy of the Offer Announcement is set out in the Schedule herein and also available on the website of Singapore Exchange Securities Trading Limited at www.sgx.com.&lt;BR&gt; &lt;BR&gt; For details please refer the attachment.&lt;BR&gt;
View all announcements for INDIABULLS REAL ESTATE LTD. Source: BSE India