Singapore
MARY Chia has resigned as director and non-executive chairman from the eponymous beauty and wellness company she founded with effect from Oct 7, after a general offer closed on Friday.
The offeror is Suki Sushi, which is controlled by Lee Boon Leng, the husband of Mary Chia Holdings' chief executive, Ho Yow Ping. Ms Ho is the daughter of Ms Chia.
Suki Sushi - whose offer was at 11.1 Singapore cents per share - now has a 93.18 per cent stake in the firm.
The mandatory general offer in cash for...