Superior Multi-Packaging

Superior Multi-Packaging (SupPack): counter has been suspended since Jul , after its free float fell below the min 10% level as required by SGX. CROWN Speciality Packaging has become the majority shareholder with 90.5% stake in SupPack. CROWN has proposed an exit offer of $0.185 in cash. SupPack will be delisted following the close of the exit offer on 22 Nov 2013, 5.30pm, regardless of the level of acceptances of the exit offer. The independent directors recommend that shareholders accept the exit offer, or bear the consequences of holding shares in an unlisted company.