SUBSCRIBERS
Top Global jumps 54.5%, overshoots offeror's final price by a cent
Published Wed, Mar 29, 2017 · 09:50 PM
Singapore
MODEST hopes for a better offer drove shares of property developer Top Global up 54.5 per cent to close at 34 Singapore cents on Wednesday, one cent higher than a privatisation bid that launched the night before.
Company chairwoman Oei Siu Hoa is offering 33 Singapore cents per share to take the company private, valuing the developer at about S$106 million.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Swiss-Asia Financial Services fined S$2.5 million for money-laundering rule breaches
Singapore-based Princeton Digital gets green loan for US$1.5 billion Asia AI hub
Cutting the cord?: Events leading up to Cordlife’s MOH suspension and arrests of its directors, ex-group CEO
Apple is working on its own AI chip for data centres: WSJ
European oil giants consider shifting their listings to the US
ExxonMobil sees Hess arbitration dragging into 2025, CEO says