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Independent adviser says Cogent offer price is 'fair and reasonable'

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Annabeth Leow

Annabeth Leow

Published Thu, Dec 7, 2017 · 09:50 PM

Singapore

THE offer price in the Cogent Holdings buy-out bid is "fair and reasonable" under prevailing conditions, independent financial adviser CIMB Bank has said.

And the mainboard-listed logistics provider's independent directors have agreed with the assessment.

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