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Cityneon shareholders advised to reject offer

Independent directors say financial terms of Lucrum 1 Investment's offer are "not fair and not reasonable"

Singapore

INDEPENDENT directors of Cityneon Holdings Limited, a specialist in neon lighting and interactive exhibits, recommended that shareholders reject the mandatory unconditional cash offer from Lucrum 1 Investment.

The recommendation was in line with the advice given by RHT

sentifi.com

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