The Business Times
business-time-50
SUBSCRIBERS

Value, cost of target assets in TSH reverse takeover raised to S$19.4m

google-preferred-sourceAdd BT as a preferred source
Published Fri, Nov 23, 2018 · 09:50 PM

Singapore

THE consideration for assets being injected into TSH Corp through a reverse takeover has been raised to S$19.4 million following an independent valuation, the company announced in filings with the Singapore Exchange early on Friday.

The sellers of those assets have also agreed to waive about S$1.45 million of shareholder' loans to complete the deal.

TSH Corp

Copyright SPH Media. All rights reserved.

Reuse this contentFeedback

TRENDING NOW

Thailand’s target is to export seven million tonnes of rice globally in 2026, but the Middle East war has turned the world topsy-turvy with supply disruptions, high oil prices and economic uncertainty.

Thai and Vietnamese farmers may stop planting rice because of the Iran war. Here’s why

US President Donald Trump (left) with Chinese President Xi Jinping in Busan in October 2025. The most plausible outcome of US-China rivalry is not a clean transition from one hegemon to another, but a fragmented order.

US-China rivalry and the Kindleberger Trap: Why inaction – not escalation – is the biggest risk

The Subaru E-Outback is a 4.8-metre long SUV that can cart families around, plus all the gear that makes their lives interesting.

Subaru e-Outback review: Japan’s best EV uses one key Chinese component

Singapore-based French steakhouse Les Bouchons has expanded to Johor Bahru and Kuala Lumpur.

As Singapore squeezes, Malaysia tempts F&B operators across the Causeway

Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
View More