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Aztech's co-founder Michael Mun seeks to take company private

Proposed delisting to come with an exit offer of 42 Singapore cents per share

Anita Gabriel

Anita Gabriel

Published Tue, Sep 20, 2016 · 09:50 PM

Singapore

AZTECH Group's co-founder Michael Mun Hong Yew has proposed to delist the mainboard-listed company with an exit cash offer of 42 Singapore cents a share.

Mr Mun, who is also Aztech Group's chief executive and chairman, will carry out the voluntary delisting through his special purpose vehicle (SPV) AVS Investments Pte Ltd.

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