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Lum Chang MD and sons launch takeover offer for Ellipsiz

Offer at S$0.38 per share is triggered after they bought 7.93m shares on Thursday


MEMBERS of the family that controls construction company Lum Chang Holdings have launched a takeover offer for Ellipsiz, a semiconductor equipment provider.

They are offering S$0.38 for each share of the mainboard-listed firm which it does not already own, it said in a