LTC extends exit offer to Jan 10
THE exit offer for steel trading and property group LTC Corp will remain open till 5.30pm on Jan 10, instead of Dec 27, the company said on Thursday.
It did not give an update on the level of acceptances. At the close of the original offer period on June 25, the controlling Cheng family controlled 88.44 per cent of LTC.
The offer is unconditional and LTC will de delisted, after the Chengs successfully passed a voluntary delisting resolution earlier this month.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Seatrium unit to fully redeem S$500 million worth of floating-rate bonds early
Yeo Guat Kwang, John Chen retiring from corporate boards
US: Wall St opens higher
Air China orders homegrown C919s in challenge to jet duopoly
HCA beats first-quarter profit estimates on higher patient admissions
F&B operator YKGI to exclusively operate Chicha San Chen in Macau for next eight years