Tat Hong offer closes with offeror controlling 93.62% stake
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Singapore
OFFERING vehicle THSC Investments has received valid acceptances of some 705.14 million shares, representing around 93.62 per cent of Tat Hong's total issued shares, as at the close of the offer for the crane supplier.
In addition, THSC and its concert parties hold some 726.95 million shares, around 96.51 per cent of Tat Hong's total number of issued shares.
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