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Aspial, Fragrance tie up in offer for LCD Global

Bid price will be 33 or 30 Singapore cents per share depending on LCD's decision on a bond rights issue

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Aspial's chief executive Koh Wee Seng (left) had sought a board seat in LCD's most recent annual general meeting but did not manage to garner sufficient votes.

Singapore

ASPIAL Corp and Fragrance Group, helmed by the Koh brothers, have joined forces to launch a cash offer for hospitality and property development player LCD Global Investments in what they say is a "viable exit alternative" for LCD shareholders.

Through a joint venture

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