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Kingboard Copper offer 'not fair but reasonable'
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Annabeth Leow
Published Thu, May 2, 2019 · 09:50 PM
Singapore
THE buy-out offer for mainboard-listed Kingboard Copper Foil Holdings is "not fair but reasonable", the independent financial adviser (IFA) concluded in a circular on Thursday.
SooChow CSSD Capital Markets (Asia) advised the company's independent directors to recommend that shareholders accept the offer of S$0.60 in cash for each share.
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