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Tat Hong

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Related News

Tat Hong CEO, StanChart PE launch bid to take crane supplier private at S$0.50 a share

15 Jan 2018 09:00

By Annabeth Leow

THE fervent speculation about a takeover of Tat Hong Holdings has proven to have substance.

The crane supplier's chief executive and Standard Chartered's private equity arm have launched a privatisation bid for the mainboard-listed crane supplier at S$0.50 a share.

A preconditional offer announcement, released late on Thursday night, cited Tat Hong's low trading volume and the compliance cost of maintaining a listed status as reasons behind the bid to delist the company.

ShareInvestor subscribers have full access to this article. ShareInvestor subscriber, please login to read the 19 remaining paragraph(s).

Source: Business Times

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