penguin intl

From sails to wings: Maritime players innovate on fuel efficiency

Singapore stocks could become more interesting with some vision from controlling shareholders and more prescriptive guidelines for IFAs to ensure minority investors are properly compensated.
MARK TO MARKET

IFAs should use appropriate valuation basis to assess companies in take-private deals

James Tham, managing director of Penguin International.

Penguin International privatisation bid falls short with 88.92% shareholding

James Tham, managing director of Penguin International, is one of the three parties attempting to take the company private.

Penguin International’s privatisation offer extended for sixth and final time to Sep 25

James Tham, managing director of Penguin International, is part of the consortium attempting to take the company private.

Privatisation offer for Penguin International extended for fifth time to Aug 31

As the offeror has not amassed control of more than 90 per cent of the total number of shares, it will not be able to compulsorily acquire all the shares from shareholders.

Penguin International’s privatisation offer receives 87.17% valid acceptances

Penguin International expects rising costs of labour, equipment and materials, and stiff competition from other shipbuilders to rein in shipbuilding margins in the foreseeable future.

Penguin International H1 net profit down 28.5% to S$6.1 million

James Tham, managing director of Penguin International, is part of the consortium attempting to take the company private.

Privatisation offer for Penguin extended again to Aug 17

The offeror is a consortium comprising Penguin’s executive chairman Jeffrey Hing, managing director James Tham (above), and a special purpose vehicle under private equity firm Dymon Asia.

Penguin privatisation offer extended for the third time, to Aug 3

The closing date for Penguin's privatisation offer has been extended by another two weeks to Jul 20.

Penguin privatisation offer extended again to Jul 20