Chairman, MD offer S$0.118 a share to delist PS Group
Offer price values company at about S$8 million, and is almost three times the stock's last transacted price of S$0.040
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Singapore
TWO of PS Group's directors have made a voluntary conditional cash offer of S$0.118 per share for the Catalist-listed fastener supplier to take it private, the company said in a bourse filing on Tuesday.
The offer price values the company at about S$8 million, and is almost three times the stock's last transacted price of S$0.040 on Aug 6, when PS Group shares last changed hands.
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