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BT EXCLUSIVE

SGX says Vard exit offer remains conditional while it reviews EGM

It says May 14 deadline not cast in stone; advises shareholders to look out for offeror Fincantieri's announcement of new closing date

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Singapore

SINGAPORE Exchange (SGX) on Wednesday stepped in to clear the confusion that has been swirling around the deadline for Italy's Fincantieri Oil & Gas' exit offer for Vard Holdings.

The regulator said the May 14 closing date for the exit offer is not cast in stone, and...

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