SUBSCRIBERS
Suki Sushi to make general offer for Mary Chia Holdings
Published Thu, Aug 24, 2017 · 09:50 PM
Singapore
THE founder of Mary Chia Holdings has agreed to sell her 60.98 per cent stake in the home-grown beauty chain to Suki Sushi Pte Ltd, triggering a mandatory unconditional general offer by the operator of Japanese restaurants in Singapore.
Suki Sushi is 95.45 per cent owned by Lee Boon Leng and his wife Ho Yow Ping, who is CEO of Mary Chia Holdings and daughter of the founder Mary Chia.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Keppel prices 70 million euros of floating-rate notes due 2031
Mixed trading in Asia as investors watch for further macro data; STI down 0.2%
Shareholders raise questions over dividend payout, directors’ salaries at Best World AGM ahead of proposed privatisation
China’s Bank of Communications Q1 profit rises 1.44%
Huawei’s smart car tech offers automakers route to China sales
Electrolux Q1 loss nearly triples on weak demand but beats expectations