Tat Hong Holdings | Hold
Sept 19 close: S$0.485
Target price: S$0.49
OCBC Investment Research, Sept 19
BACK in March 2016, Tat Hong Holdings had announced the company was approached with regard to a potential transaction which may or may not lead to an acquisition of the company's issued share capital. Following several months of discussions, according to the latest announcement on Sept 8, the counterparty would not be proceeding with its assessment of the potential transaction at this stage, given the...