Corporate digest
Add BT as a preferred sourcePACC Offshore Services Holdings
MAINBOARD-LISTED PACC Offshore Services Holdings (POSH) requested a suspension of trading with effect from 9am on Friday, after the Kuok group's cash offer for its shares closed on Thursday. POSH lost its free float on Dec 11. The offeror, Quetzal Capital, has applied to delist POSH. The offeror and concert parties owned, controlled or agreed to acquire about 96.48 per cent of POSH shares as at the offer's close. The offeror will compulsorily acquire the remaining shares by Jan 28 at the same offer price of S$0.215 apiece.
Sembcorp Industries
TRENDING NOW
‘I felt like dying’: Thai Singha beer scion speaks up after disclosure of alleged sexual abuse
Japan’s Asics to spin off popular Onitsuka Tiger sneaker business; shares rise
CDL, Hong Realty trump 3 other bidders with S$542.4 million offer at S$1,865 psf ppr for Peck Hay plot
The returnees: Inside China’s AI talent reversal
