TPM 0.00% $8.93 tpg telecom limited

Ann: Trading Halt, page-68

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  1. 3,155 Posts.
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    AFAIK, all we have is:

    Separation of SingaporeCo
    • TPG Board intends to separate 100% of SingaporeCo by way of an in-specie distribution of shares to existing TPG Shareholders
    • Allows TPG shareholders to capture 100% of the upside of TPG Singapore otherwise not valued within the Merger
    • TPG Board believes that the strong growth potential and early stage nature of SingaporeCo provides significant upside opportunity
    • The Singapore Separation will be implemented on or before implementation of the Merger and TPG has commenced engagement with the SingaporeInfocomm Media Development Authority in connection with the separation
    • The Board intends to capitalise SingaporeCo appropriately as the rollout continues in the near term
    • Further details regarding the Singapore Separation including timing, process and transaction structure will be provided in due course

    https://www.tpg.com.au/about/pdfs/TPG%20and%20VHA%20Merger%20of%20Equals%20-%20ASX%20Investor%20Presentation%2030-Aug-18.pdf
 
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Currently unlisted public company.

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