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HOCK LOCK SIEW

Sugar king Robert Kuok's offer for POSH may not be all that sweet

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Minority shareholders of loss-making PACC Offshore Services Holdings Ltd (POSH) have recently received a reminder to accept the voluntary conditional cash offer of S$0.215 a share by Quetzal Capital, an investment vehicle linked to Malaysian billionaire and Asian sugar king Robert Kuok.

MINORITY shareholders of loss-making PACC Offshore Services Holdings Ltd (POSH) have recently received a reminder to accept the voluntary conditional cash offer of S$0.215 a share by Quetzal Capital, an investment vehicle linked to Malaysian billionaire and Asian sugar king Robert Kuok.

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