The PSE suspended trading in Premium Leisure Corp [ PLC 0.74 suspended ] [ link ] yesterday after PLC's parent company, Belle Corp. [ BEL 1.92, up 50.0% ], announced that it would conduct a tender offer for all of PLC's outstanding common shares "for the purpose of eventually causing the filing of an application for the voluntary delisting of PLC." The suspension of trading for PLC shares will be lifted this morning, but the timeline for any tender offer will rely on the BEL board's approval of the valuation report from the independent third-party valuation firm that BEL has engaged ( First Metro ). Once approved, BEL will be able to establish a price and timeline for the tender offer and we should get better clarity on the overall process.