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Nojima won't revise offer price for Courts Asia

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Published Tue, Feb 19, 2019 · 09:50 PM

    Singapore

    THE offeror for shares of Singapore-listed Courts Asia, Nojima Asia Pacific, on Tuesday said that it does not intend to revise its offer price of S$0.205 in cash per share for the furniture retailer.

    This was despite independent financial adviser KPMG Corporate Finance last week saying that its offer price is "not fair but reasonable".

    Privatisation

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