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Challenger Technologies aims to delist with S$0.56-a-share offer
Offerer is a partnership between controlling Loo family and Dymon fund
Janice Heng
Published Wed, Mar 20, 2019 · 09:50 PM
Singapore
CHALLENGER Technologies announced on Wednesday that it intends to delist from the Singapore Exchange (SGX), with Digileap Capital making a cash exit offer for all of the electronic retailer's shares at an exit offer price of S$0.56 per share.
The offeror is a partnership between the Loo family and Dymon Asia Private Equity, via Dymon Asia Private Equity (S.E. Asia) Fund II.
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