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Chuang family offers S$1.35 a share to delist Memtech

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Published Tue, May 14, 2019 · 09:50 PM

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Singapore

THE Chuang family that controls Memtech International has made a voluntary conditional offer for the Singapore-listed electronics components manufacturer in a bid to delist it.

Led by Memtech executive chairman Chuang Wen Fu, the family is offering S$1.35 in cash for each share in a deal that values the company at S$189 million.

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