Categories: Business News

TDCX Inc. Receives Preliminary Proposal for Acquisition of Outstanding Shares

TDCX Inc., a company listed on the NYSE (Ticker: TDCX), has disclosed the reception of a preliminary non-binding proposal from Mr. Laurent Junique, the Founder, Executive Chairman, Director, and CEO of the company, expressing interest in acquiring all outstanding ordinary shares, including Class A ordinary shares represented by American Depositary Shares (ADSs) not currently owned by the Founder.

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The proposed purchase price is set at US$6.60 per Ordinary Share or ADS in cash. A special committee of independent and disinterested directors has been formed to evaluate the Proposal Letter and the Proposed Transaction, with the intention of making recommendations to the Board.

TDCX Inc

The Board emphasizes that no decisions have been made, and the Founder has not yet provided a definitive offer. The company will exercise caution in its approach, engaging independent legal and financial advisors to review the Proposed Transaction.

The disclosure concludes with a disclaimer that there is no guarantee of a definitive offer, agreement, or approval of the Proposed Transaction, and the company is not obligated to provide updates, except as required by law.

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