Kingboard Copper Foil's controlling shareholder launches 2nd privatisation bid
S$0.60-a-share offer higher than the $0.40 - deemed as not fair nor reasonable - it had offered shareholders two years ago
Singapore
EXCEL First Investments is making a fresh attempt to privatise Kingboard Copper Foil Holdings.
It offered on Thursday S$0.60 each in cash for shares of the Hong Kong-based, mainboard listed company that it does not already own, with a view to delisting it.
TRENDING NOW
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
Thai and Vietnamese farmers may stop planting rice because of the Iran war. Here’s why
Banyan Group heir Ho Ren Yung: ‘Better to be useful than happy’
Asean+3 has made strong progress on cross-border payment connectivity, but more work lies ahead