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Founders taking Spindex private at S$0.85 a share

Offer represents premium of 21.4 per cent over last traded price on Wednesday

Singapore

SINGAPORE-LISTED Spindex Industries Limited has received a cash offer from its founding Tan family, who offered to acquire all the shares of the group at 85 Singapore cents apiece under a scheme of arrangement.

The offer price represents a premium of 21.4 per cent over

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