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Interplex receives takeover offer of S$450m from Baring Asia

Published Wed, Dec 23, 2015 · 09:50 PM

Singapore

PRECISION engineering firm Interplex, formerly known as Amtek Engineering, has received a takeover offer at S$0.82 a share, valuing the firm at S$450 million.

The offer is 15.5 per cent above the last traded price of S$0.71, and 19.4 per cent above the 12-month volume weighted average price of the firm.

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