June 12, 2019 / 7:03 AM / a month ago

REFILE-BRIEF-Challenger Technologies Says Exit Offer S$0.54/Share Post Div

(Refiles to clarify the offer is post dividend)

June 12 (Reuters) - Challenger Technologies Ltd:

* SGX-ST HAS NO OBJECTION TO DELISTING, WHICH IS SUBJECT TO APPROVAL BY SHAREHOLDERS

* NON-CONFLICTED DIRECTORS UNANIMOUSLY RECOMMEND SHAREHOLDERS TO VOTE IN FAVOUR OF DELISTING RESOLUTION AND ACCEPT EXIT OFFER

* EXIT OFFER PAYABLE TO SHAREHOLDER WHO ACCEPTS EXIT OFFER TO BE REDUCED BY FY18 DIVIDEND TO S$0.540 FOR EACH OFFER SHARE Source text for Eikon: Further company coverage:

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