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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

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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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