Amara, Boustead Projects minority investors need not fear saying ‘no’ to offers

Published Thu, Nov 30, 2023 · 05:00 AM

CHRISTMAS may have come early for minority shareholders of Amara Holdings : A34 0% and Boustead Projects : AVM 0%.

Shareholders of both Mainboard-listed companies this month received offers for their shares that were above their last traded prices.

On the face of it, both offers appear to be reasonable. But small investors in both companies have good reasons to reject them.

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