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Fragrance CEO makes offer for New Wave

Published Fri, Oct 20, 2017 · 09:50 PM

Singapore

THE chief executive of real estate developer Fragrance Group is intending to make a voluntary conditional cash offer for electronic component supplier New Wave Holdings at S$0.013 per share.

The offer by Koh Wee Meng represents a premium of about 44.4 per cent over the company's closing price of S$0.009 as at Oct 19, 2017.

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