M1

KONNECTIVITY is to compulsorily acquire all the issued and paid-up ordinary shares in M1 Limited that the joint venture between Singapore Press Holdings and Keppel Corporation does not own.

Konnectivity has exercised its right of compulsory acquisition over all the shares of dissenting shareholders - who have not accepted its voluntary conditional general offer - at the offer price of S$2.06 per share and on the same terms and conditions of the offer.