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Riady family drives home key terms of Auric Pacific takeover

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Anita Gabriel

Anita Gabriel

Published Tue, Feb 14, 2017 · 09:50 PM

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    Singapore

    SOMETIMES, a single announcement stating the terms of a takeover offer just isn't enough for minorities to wrap their heads around, as Indonesia's Riady family has quickly discovered.

    After revealing their takeover bid for the first Singapore-listed company in their sprawling stable Auric Pacific Group one week ago at a final price of S$1.65 cash a piece, one of Indonesia's wealthiest families has had to drum home the key points once again.

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