Olive Tree Estates Receives Takeover Offer from Advansory Investment

MT Newswires
Oct 10, 2025

Advansory Investment launched a mandatory unconditional cash offer for the shares it does not yet own in Olive Tree Estates (SGX:1H2), according to a Friday filing with the Singapore Exchange.

The offer follows Advansory's agreement to acquire a 69.49% stake in the company from Chiu Teng Enterprises, Kim Kyoo Chul, and Tham Keng Chuen at SG$0.12 per share for SG$9.7 million.

Having crossed the 30% ownership threshold, Advansory is required under Singapore's takeover rules to extend the same offer to remaining shareholders at SG$0.12 per share.

Advansory, an investment holding firm incorporated in Singapore, said it intends to maintain Olive Tree's listing and does not plan to exercise its right of compulsory acquisition.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10