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Nyalas offers S$2.36 per share for BMT as Spinola family exits

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Published Fri, Sep 23, 2016 · 09:50 PM

Singapore

CONTROL of British and Mala-yan Trustees (BMT) has passed from one group of old-money investors to another.

Nyalas Rubber Estates is offering to buy all the remaining shares of BMT for S$2.36 per share after becoming the majority stakeholder in the trustee services company.

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