Amos Group (SGX:49B) extended the deadline for its shareholders to accept the offer made by its controlling shareholder, PeakBayou, to Dec. 12 from Nov. 21, according to a filing with the Singapore Exchange on Wednesday.
In September, the oil and gas equipment manufacturer received a voluntary unconditional general offer of SG$0.07 per share from private equity fund, PeakBayou.
To date, 94% of the shares in the company are owned, controlled, acquired, or agreed to be acquired by PeakBayou and parties acting in concert with it.
The controlling shareholder has no intention to preserve the company's listing status, the filing said.
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