Poh Tiong Choon: Voluntary Conditional Cash Offer At S$1.30 Per Share.

20 Sep 2017 13:20

Offer Price of S$1.30 per Share. Offeror has secured irrevocable undertakings from shareholders holding about 66.7% of the Shares. Offer will be declared unconditional in all respects upon receipt of valid acceptances pursuant to these irrevocable undertakings. Offeror intends to privatise the Company and does not intend to take steps to restore the public float. Clean cash exit opportunity for Shares that otherwise have low trading liquidity...

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