Courts Asia seeks answers from Mauritius on failed bid
Courts Mauritius went to a third party although we're the preferred bidder: Courts Asia
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Anita Gabriel
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Singapore
IT HAS been more than two weeks since Singapore-listed Courts Asia found the tables turned on its Mauritian dream after the financial sector watchdog there snubbed its bid and picked a rival suitor just as the retailer was on the verge of closing the buyout of Courts Mauritius.
Since then, Courts Asia's attempts to seek an explanation - or "some basic courtesy" as its visibly vexed chief executive Terry O'Connor put it - from the Mauritian government have drawn a blank.
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