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SIAS urges Fincantieri to raise bid for Vard's privatisation

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Published Thu, Jan 26, 2017 · 09:50 PM

Singapore

PRESSURE is piling up on Italian shipbuilding group, Fincantieri, to raise its offer to take its Singapore-listed subsidiary, Vard Holdings private.

Investor watchdog, Securities Investors Association (Singapore) or SIAS, before trading closed on Thursday called on Fincantieri to revise its S$0.24 per share offer.

Privatisation

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