Tat Hong offer closes with offeror controlling 93.62% stake
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.
TRENDING NOW
Jardine C&C selling Singapore, Malaysia dealerships to Indonesia’s Chandra Asri for US$221 million gain
Singapore’s AI boom is lifting GDP. Who gets carried along?
How BYD disrupted Singapore’s car market – and why the strategy is turning on itself
From sales executive to DBS chairman: A look at banking veteran Peter Seah’s career