SPINDEX INDUSTRIES LIMITED Completes Payment of Acquisition Consideration, to Delist from SGX on February 13
NewTimeSpace News: On February 11, 2026, the board of directors of SPINDEX INDUSTRIES LIMITED released an announcement, disclosing key progress regarding the payment of the company's acquisition consideration and its delisting.
The announcement mentioned that the board of directors of SPINDEX INDUSTRIES LIMITED had previously issued a scheme document to the company's shareholders on December 3, 2025, detailing the relevant matters of the offeror's acquisition of all the company's shares by way of a scheme of arrangement. Regarding the payment of the consideration, the board clearly stated that it has received confirmation that the full amount of the acquisition consideration (scheme consideration) has been paid to each shareholder on February 11, 2026, marking the successful completion of the core payment link of the acquisition.
In terms of the delisting arrangement, the announcement further declared that the shares of SPINDEX INDUSTRIES LIMITED will be officially delisted from the official list of the Singapore Exchange Securities Trading Limited (SGX-ST) with effect from 9:00 a.m. (Singapore local time) on Friday, February 13, 2026. After the delisting, the company will no longer hold the listing status on the SGX.
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