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Excelpoint Technology receives S$1.93 per share acquisition offer

It values the mainboard-listed electronics component distributor at about S$232.2m; the offeror is WT Semiconductor Holdings

Tay Peck Gek

Tay Peck Gek

Published Thu, Apr 14, 2022 · 05:50 AM
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Singapore

A COMPANY wants to acquire Excelpoint Technology for S$1.93 apiece in cash, valuing the mainboard-listed electronics component distributor at about S$232.2 million.

In a joint announcement by Excelpoint Technology and the offeror WT Semiconductor Holdings to the bourse on Wednesday (Apr 13), the parties said the offer price exceeds th…

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Excelpoint Technology receives S$1.93 per share acquisition offer
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