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Stocks to watch: Chip Eng Seng

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Michelle Zhu

Michelle Zhu

Published Mon, Dec 5, 2022 · 08:33 AM
    • Chairman Celine Tang (pictured) and her husband Gordon Tang’s mandatory conditional cash offer to take Chip Eng Seng private has been upped to a final price of S$0.75 per share from S$0.72.
    • Chairman Celine Tang (pictured) and her husband Gordon Tang’s mandatory conditional cash offer to take Chip Eng Seng private has been upped to a final price of S$0.75 per share from S$0.72. PHOTO: SINGHAIYI

    THE following company saw new developments that may affect trading of its securities on Monday (Dec 5):

    Chip Eng Seng : Chairman Celine Tang and her husband Gordon Tang’s mandatory conditional cash offer to take the property player private has been upped to a final price of S$0.75 per share from S$0.72. This exceeds the shares’ highest closing price in the three-year period prior to, and including, the offer’s holding announcement date on Sep 7. The counter closed unchanged at S$0.74 on Dec 1, before a trading halt was requested the following morning, pending the release of Friday’s announcement. It resumes trading today.

    Stocks to watchSingapore Stocks

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