Talks end over possible sale of Chew's Group shares by controlling shareholder

Published Wed, Oct 25, 2017 · 09:51 AM
Share this article.

CATALIST-LISTED Chew's Group on Wednesday said that its controlling shareholder has decided to end discussions with third parties over possible transaction of shares in the company.

The egg producer had been in talks over the possible sale of shares in the company since July this year.

The company had previously pointed out that "there is no assurance that any of these negotiations will result in any definitive agreement or transaction".

Its shares closed one Singapore cent lower at S$0.59, before the update.

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Companies & Markets

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here