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SIAS reiterates call for higher GMG offer

Advocacy group for minority shareholders cites valuation issues and IFA's finding that offer by Halcyon Agri is unfair

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Halcyon Agri Corp’s executive chairman and chief executive Robert Meyer.


THE Securities Investors Association of Singapore (SIAS) has reiterated its call for Halcyon Agri Corp to raise its offer for GMG Global, citing an independent financial adviser's (IFA) finding that Halcyon's offer is unfair and raising questions about valuations used.


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