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Major shareholder makes exit offer for Gems TV

Offer of 0.408 cents per share matches NTA per share as at March 31
Wednesday, April 9, 2014 - 06:00

THE major shareholder of suspended Gems TV Holdings is offering 0.408 cents per share to delist the former TV retailer, a month after a planned reverse takeover fell through. Gems' executive chairman Jason Choo, through his private vehicle Mounting Holdings, priced his offer to match the 0.324

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