It's a done deal for cash offer for POSH

Singapore

QUETZAL Capital's offer for mainboard-listed PACC Offshore Services Holdings (POSH) to delist it is in the bag, having received valid acceptances for over 90 per cent of the outstanding shares.

Together with its concert parties, Quetzal Capital saw the shares owned, controlled or agreed to be acquired by them reach 91.23 per cent of POSH's issued shares as at 5pm on Dec 11.