I would have to disagree as P&G (or any other global company) cannot force/pressure OBJ (or any other company) from performing their mandatory legal reporting duties of informing the market of a material and price sensitive announcement.
That being said, I have no doubt P&G "encouraged" and "collaborated" strategically with OBJ to delay the signing of the documents so that the 90 day period falls as close as possible to the product launch, as to not unnecessarily give away any information that might be of interest to competitors etc...
Pure speculation on my behalf of course, but I'm tipping the signing took place on Thursday/Friday the 5th/6th of May (then notified the market immediately on the 6th with a 'pre-approved' P&G announcement), which +90 days is Wednesday/Thursday the 3rd/4th of August with product launch across Singapore Friday the 5th of August.![]()
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