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Addvalue deal: do the values add up?
Published Wed, Mar 26, 2014 · 10:00 PM
IF EVER there was an example of a corporate development that was a candidate for a "Trade With Caution" (TWC) notice from the Singapore Exchange (SGX), it is Addvalue Technologies' latest announcement. Addvalue said on Tuesday that it planned to sell its wholly owned subsidiary, Addvalue Communications (AVC), to a China buyer for an astounding $330 million in cash.
Since Addvalue's shares resume…
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