Summary: Sinarmas Land shares surged by up to 23% following a privatization offer from the Widjaja family, who already hold a 70.3% stake. The offer, priced at 31 cents per share, aims to provide shareholders with a premium exit opportunity due to low trading liquidity.

Link: https://www.theedgesingapore.com/news/company-news/sinarmas-land-shares-surge-high-23-after-privatisation-offer