공지 • Jan 02
Silverlake Axis Expects to Delist from SGX Effective January 03, 2025 On 26 August 2024 by United Overseas Bank Limited (“UOB”) for and on behalf of E2I Ltd. (formerly known as E2I Pte. Ltd.) (“Offeror”) relating to, inter alia, the voluntary unconditional offer (“Offer”) for all the issued and paid-up ordinary shares (“Shares”) in the capital of the Company other than those already held by the Silverlake Axis Ltd. as treasury shares and those already owned, controlled or agreed to be acquired by the Offeror as at the date of the Offer in accordance with Rule 15 of the Singapore Code on Take-overs and Mergers (“Offer Announcement”). The Offeror has on 26 December 2024 exercised its right of Compulsory Acquisition pursuant to Section 215(1) of the Companies Act to compulsorily acquire all the Shares of the Dissenting Shareholders. The Company understands from the Offeror that the Compulsory Acquisition is expected to be completed on or around 2 January 2025. Following the completion of the Compulsory Acquisition, the Offeror will own all the Shares of the Company. Accordingly, the Board wishes to announce that the Company will be delisted from the SGX-ST with effect from 9.00 a.m. (Singapore time) on 3 January 2025 following the completion of the Compulsory Acquisition. 공지 • Nov 19
Zezz FundQ Pte. Ltd. completed the acquisition of remaining 25.93% stake in Silverlake Axis Ltd. (SGX:5CP). Zezz FundQ Pte. Ltd. proposed to acquire remaining 25.93% stake in Silverlake Axis Ltd. (SGX:5CP) for SGD310 million on August 26, 2024. A cash consideration will be paid by Zezz FundQ Pte. Ltd. As part of consideration, an undisclosed value is paid towards common equity of Silverlake Axis Ltd. Upon completion, Zezz FundQ Pte. Ltd. will own 100% stake in Silverlake Axis Ltd. Zezz FundQ Pte. Ltd. has obtained financing from UOB. As of September 9, 2024 Offer Document was dispatched to the shareholders. As of September 27, 2024 Zezz FundQ Pte. Ltd. have received the acceptance of approximately 78% stake. As of October 4, 2024, the expected closing date has been extended to October 21, 2024. As of October 18, 2024, the expected closing date has been extended to November 18, 2024. As of November 14, 2024, the Offeror has received valid acceptances pursuant to the Offer which, together with the Market Purchases, amount to 92.95% of the total number of issued Shares. Accordingly, the Offeror is now entitled to, and intends to, exercise its right under Section 215(1) of the Companies Act to compulsorily acquire all the Shares of the Non-Assenting Shareholders at the Offer Consideration. Subsequent to such compulsory acquisition, the Offeror will proceed to delist the Company from the SGX-ST. There will be no further extensions of the Offer and the Offer will not be open for acceptance beyond November 18, 2024. Acceptances received after the Final Closing Date will be rejected.
United Overseas Bank Limited (SGX:U11) acted as financial advisor to Zezz FundQ Pte. Ltd. PrimePartners Corporate Finance Pte. Ltd. acted as financial advisor to Silverlake Axis Ltd.
Zezz FundQ Pte. Ltd. completed the acquisition of remaining 25.93% stake in Silverlake Axis Ltd. (SGX:5CP) on November 18, 2024. 공지 • Nov 14
Silverlake Axis Ltd. Approves Declaration of A Final Tax Exempt 1-Tier Dividend for the Financial Year Ended 30 June 2024, Payable November 15,2024 Silverlake Axis Ltd. approved declaration of a final tax exempt 1-tier dividend of Singapore 0.36 cents per ordinary share for the financial year ended 30 June 2024 as recommended by the Directors. recommended by the Directors. The proposed final dividend, if approved, would be paid on 15 November 2024. 공지 • Oct 11
Silverlake Axis Ltd.(SGX:5CP) dropped from S&P Global BMI Index Silverlake Axis Ltd.(SGX:5CP) dropped from S&P Global BMI Index 공지 • Oct 10
Silverlake Axis Ltd., Annual General Meeting, Oct 25, 2024 Silverlake Axis Ltd., Annual General Meeting, Oct 25, 2024, at 14:00 Singapore Standard Time. Location: atrium ballroom, holiday inn singapore atrium, 317 outram road, singapore 169075, Singapore 공지 • Oct 08
Silverlake Axis Likely to Delist Silverlake Axis Ltd. on Oct. 7, evening said it has lost its free float and may be delisted, now that it no longer meets the free-float requirement of the Singapore Exchange (SGX). As at 5.30 pm on Oct. 7, the total number of shares owned, controlled or agreed to be acquired by the offeror E2I, as well as valid acceptances of the offer, amounted to 2.3 billion shares. This represents 90.5% of total shares. That means that less than 10% of the enterprise technology company's shares are now held by the public. The SGX requires companies to ensure that at least 10% of their total number of shares are held in public hands, a rule that is also known as the free-float requirement. In a bourse filing, Silverlake said that it has no intention of preserving the company's listing status, nor will it support any action or take any steps to maintain the status, if the free-float requirement is not met and trading of shares on the SGX is suspended. E2I -- wholly owned by Silverlake's controlling shareholder Zezz FundQ and led by its chairman Goh Peng Ooi -- also reserves the right to seek a voluntary delisting of the company, it said. Strict compliance with the voluntary delisting rules could be waived if the offer is "fair and reasonable", and the offeror has received acceptances from independent shareholders at the close of the offer representing a majority of at least 75% of the shares. But should Silverlake fail to meet the conditions for a voluntary delisting, it will be obliged to comply with the listing manual, including restoring its public float through private placement or otherwise. "Shareholders and investors should note there is the risk that the company may be subject to prolonged suspension if both the free-float requirement and the requisite conditions for a delisting are not met," Silverlake added. 공지 • Aug 27
Zezz FundQ Pte. Ltd. proposed to acquire remaining 25.93% stake in Silverlake Axis Ltd. (SGX:5CP) for SGD310 million. Zezz FundQ Pte. Ltd. proposed to acquire remaining 25.93% stake in Silverlake Axis Ltd. (SGX:5CP) for SGD310 million on August 26, 2024. A cash consideration will be paid by Zezz FundQ Pte. Ltd. As part of consideration, an undisclosed value is paid towards common equity of Silverlake Axis Ltd. Upon completion, Zezz FundQ Pte. Ltd. will own 100% stake in Silverlake Axis Ltd. Zezz FundQ Pte. Ltd. has obtained financing from UOB. United Overseas Bank Limited (SGX:U11) acted as financial advisor to Zezz FundQ Pte. Ltd. 공지 • Aug 24
Silverlake Axis Ltd. to Report Fiscal Year 2024 Results on Aug 23, 2024 Silverlake Axis Ltd. announced that they will report fiscal year 2024 results on Aug 23, 2024 공지 • May 29
Silverlake Axis Ltd Announces Board Changes The Board of Directors of Silverlake Axis Ltd. announced the following change: With effect from 1 June 2024, Datuk Yvonne Chia would have served on the Board of the Company for a continuous period of nine (9) years and would cease to be an independent Director of the Company pursuant to SGX Listing Rule 210(5)(d)(iv). Having considered the recommendation of the Nominating and Remuneration Committee ("NRC"), the Board concurred with the NRC and concluded and approved that Datuk Yvonne Chia has the requisite experience, qualification and competencies to continue to provide insights and support to the Board. As such, Datuk Yvonne Chia will be redesignated as Non-Independent Non- Executive Director of the Company with effect from 1 June 2024 and will continue to be a member of the Strategic Investment Committee and NRC of the Company. (Datuk Yvonne Chia had abstained from the deliberations and decision of her redesignation). Consequent to the above change, the composition of the Board of the Company shall be as follows with effect from 1 June 2024: Board of Directors, Mr. Goh Peng Ooi - Executive Director (Group Executive Chairman), Ms. Goh Shiou Ling - Executive Director (Deputy Executive Chairman), Mr. Chee Chin Leong- Executive Director, Mr. Ong Kian Min- Independent Deputy Non-Executive Chairman and Lead Independent Non-Executive Director Datuk Yvonne Chia - Non-Independent Non-Executive Director, Mr. Mah Yong Sun - Independent Non-Executive Director, Emeritus Professor Tan Sri Dato' Seri - Independent Non-Executive Director, Dr. Chuah Hean Teik. Audit and Risk Committee: Mr. Mah Yong Sun - Chairman, Mr. Ong Kian Min - Member, Emeritus Professor Tan Sri Dato' Seri - Member Dr. Chuah Hean Teik. Nominating and Remuneration Committee: Mr. Ong Kian Min - Chairman, Datuk Yvonne Chia - Member, Emeritus Professor Tan Sri Dato' Seri - Member, Dr. Chuah Hean Teik. Strategic Investment Committee: Ms, Goh Shiou Ling - Chairman, Datuk Yvonne Chia - Member, Mr. Mah Yong Sun - Member. 공지 • Dec 06
Silverlake Axis Ltd. Announces Group Chief Executive Officer Changes, Effective January 1, 2025 Silverlake Axis Ltd. (SAL) announced as part of its planned leadership transition that Cassandra Goh Shiou Ling ("Cass Goh") will succeed Andrew Tan Teik Wei as SAL's next Group Chief Executive Officer. Cass Goh will assume the new role on 1 January 2025. Cass Goh's leadership appointment is part of a planned transition which went through a rigorous and comprehensive succession and nomination process overseen by SAL's Board of Directors. As part of this planned leadership transition, Cass Goh was appointed Deputy Chief Executive Officer in May 2022 and as Deputy Executive Chairman on 27 October 2023. She has been actively working closely with the Management team and the Board by playing critical roles in all business operations and new initiatives in SAL. Cass Goh has been with the Company for 10 years and during this period, she has proven to be an invaluable contributor to the senior Management team, Board and SAL Group. 공지 • Oct 27
Silverlake Axis Ltd. Announces Retirement of Tan Sri Dato' Dr. Mohd Munir Bin Abdul Majid as Independent Non-Executive Director Silverlake Axis Ltd. AnnounceD Retirement of Tan Sri Dato' Dr. Mohd Munir Bin Abdul Majid as Independent Non-Executive Director. Role And Responsibilities: Duties of an Independent Non-Executive Director, Chairman of Remuneration Committee and member of Audit and Risk Committee. Job Title: Independent Non-Executive Director, Chairman of Remuneration Committee and member of Audit and Risk Committee. 공지 • Oct 13
Silverlake Axis Ltd., Annual General Meeting, Oct 26, 2023 Silverlake Axis Ltd., Annual General Meeting, Oct 26, 2023, at 14:00 Singapore Standard Time. Location: Banquet Suite, Level 10, M Hotel Singapore, 81 Anson Road, Singapore 079908 Singapore Singapore Agenda: To receive and adopt the Audited Financial Statements of the Company for the financial year ended 30 June 2023 together with the Directors' Statement and Auditors; to declare a final tax exempt 1-tier dividend of Singapore 0.60 cents per ordinary share for the financial year ended 30 June 2023 as recommended by the Directors; to approve the payment of Directors Fees of S$1,100,000 (2022:S$1,200,000) for the financial year ending 30 June 2024, to be paid quarterly in arrears; to re-elect directors; to approve the proposed renewal of Share Purchase Mandate; and to consider other matters if any. 공지 • Oct 01
Silverlake Axis Ltd. Appoints Tan Sri Dato' Dr. Chuah Hean Teik as Independent Non-Executive Director, Effective October 1, 2023 Silverlake Axis Ltd. appointed Emeritus Professor Tan Sri Dato' Dr. Chuah Hean Teik as Independent Non-Executive Director, effective October 1, 2023. Working Experience: 2008 to September 2019 - President, Universiti Tunku Abdul Rahman Since 1988, Dr. Chuah has been actively involved in: (i) teaching of undergraduate and postgraduate courses; (ii) supervision of undergraduate final year graduation projects; (iii) supervision of laboratory sessions at the undergraduate level; (iv) supervision of thesis projects at postgraduate level; (v) supervision of Harris-University Malaya integrated circuit design projects; (vi) research projects; (vii) consultancy projects; (viii) coordination of many university-industry cooperation projects. Professional Qualifications All from University of Malaya, Malaysia: - Ph.D - Master of Engineering Science - Bachelor of Engineering (First Class Honours). 공지 • May 16
Silverlake Axis Ltd Announces Resignation of Kuan Yoke Kay as the Joint Company Secretary The Board of Directors (the "Board") of Silverlake Axis Ltd. (the "Company") announced the resignation of Ms Kuan Yoke Kay ("Ms Kuan") as the Joint Company Secretary with effect from 15 May 2023. Ms Ang Siew Koon will remain the sole Company Secretary. 공지 • Feb 15
Silverlake Axis Ltd Announces Appointment of Chee Chin Leong as Executive Director Silverlake Axis Ltd. announced Appointment of Mr. Chee Chin Leong ("Mr Chee") as Executive Director. The Board, having considered the recommendation of the Nominating Committee and assessed Mr. Chee's qualification and experience, is of the view that he has the requisite experience and capability to assume the duties and responsibilities of an Executive Director. Role And Responsibilities: Executive. Mr. Chee will be responsible in initiating the design and implementation of the Partnership Programme on behalf of Silverlake Group. Working Experience: January 2021 to December 2022: Silverlake Axis Ltd. - Advisor to Sales, Partner Management Program April 2014 to December 2020: Silverlake Sprints Sdn Bhd - President Business Alliance May 2007 to April 2014: Silverlake System Marketing Sdn Bhd - President Business Alliance. Director Experience Details: Mr. Chee Chin Leong will enroll for the SID Training programme for listed company directors. Professional Qualifications: Bachelor of Economics - Adelaide University. 공지 • Feb 10
Silverlake Axis Appoints Michael Walker as New Trade Finance Business and Solutions Head Silverlake Axis, has announced the appointment of a new trade finance business and solutions head. The firm has appointed Michael Walker to the position. Walker will be responsible for the Silverlake Vision Trade Finance platform, which was developed by the firm in partnership with Finastra. Walker had been at Finastra for the past six years and was most recently the leader of its corporate banking solutions consulting team for the Asia Pacific region.