Businessman Henry Wee makes S$0.158 a share cash offer for Fabchem China
Singapore
SINGAPOREAN businessman Henry Wee has launched a conditional cash offer for shares of explosives maker Fabchem China at S$0.158 apiece.
The offer was triggered after Mr Wee, who is also invested in Sim Leisure Group and Imperium Crown, acquired a 29.9 per cent stake in Fabchem China from DNX Australia on Friday for S$2.2 million or S$0.158 per share.
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