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Tat Hong confirms StanChart arm's offer price of S$0.50 a share

It was responding to report that latter is eyeing 29% stake in crane supplier

Singapore

MAINBOARD-LISTED Tat Hong Holdings Ltd yesterday confirmed that lender Standard Chartered's private equity arm has made a non-binding proposal to pick up its shares, with an offer price of S$0.50 a share.

Its statement on the Singapore Exchange website came in response to

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