Wednesday, 9 March 2016

OSIM International Ltd - Phillip Securities 2016-03-10: Potentially raise the bet

OSIM International Ltd - Phillip Securities 2016-03-10: Potentially raise the bet OSIM INTERNATIONAL LTD O23.SI 

OSIM International Ltd - Potentially raise the bet 

  • Unconditional cash offer of S$1.32 to delist and privatise OSIM International Ltd. Our last rating is Buy with TP at S$1.35. 
  • Recommend minority shareholder who have their investments in-the-money to accept offer, otherwise, adopt a wait-and-see approach. 
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