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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".

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