ttj holdings

THE lowball privatisation offer for construction engineering company TTJ Holdings was declared unconditional earlier this month, as the level of acceptances pushed the offeror’s stake past the 90 per ...

MINORITY shareholders of TTJ Holdings might have been surprised to learn last week that the company’s board is recommending they reject the cash offer of S$0.23 per share from THC Venture, a privately...

THC Venture, which has made a bid to privatise structural steel specialist TTJ Holdings, does not intend to raise its offer price of S$0.23 per share, it said in a Wednesday (Jun 29) bourse filing.

THE voluntary conditional cash offer to privatise TTJ Holdings from THC Venture – an investment holding company held solely by TTJ’s executive chairman Teo Hock Chwee – has turned unconditional, the c...

THC Venture announced in a bourse filing on Thursday (Jul 7) that it has extended the closing date of its privatisation offer for TTJ Holdings from Jul 8 to Jul 22.

IN A surprising move, 4 directors of structural steel specialist TTJ Holdings are recommending that shareholders reject the recent privatisation offer of S$0.23 in cash per share made by THC Venture, ...

Major shareholders utilise a well-known loophole to take their companies private more easily, lowballing minor investors. Ben Paul explains what investors should do.

WE REFER to the letters, “Takeover loophole disadvantages minority shareholders of TTJ Holdings” by Mano Sabnani published on May 25, “TTJ privatisation offer ‘unfair’” by Patrick Wright published on ...

While amendments to the Companies Act have been recommended, regulators have not challenged a market practice that’s clearly not in keeping with the spirit of the law