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Hong Kong's Lippo makes S$63.1m joint offer for TIH shares

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Annabeth Leow

Annabeth Leow

Published Tue, Jan 9, 2018 · 09:50 PM

Singapore

TIH Limited could be set for an ownership shake-up, to the tune of as much as S$66.6 million.

Majority shareholder Argyle Street Management has joined Lippo China Resources to make a voluntary unconditional offer for all of the shares in the Singapore-listed closed-end fund.

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