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Amara, Boustead Projects minority investors need not fear saying ‘no’ to offers

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Leslie Yee

Leslie Yee

Published Thu, Nov 30, 2023 · 05:00 AM
    • With depressed share prices, major shareholders will be tempted to take listed groups private.
    • With depressed share prices, major shareholders will be tempted to take listed groups private. PHOTO: BT FILE

    CHRISTMAS may have come early for minority shareholders of Amara Holdings and Boustead Projects .

    Shareholders of both Mainboard-listed companies this month received offers for their shares that were above their last traded prices.

    On the face of it, both offers appear to be reasonable. But small investors in both companies have good reasons to reject them.  

    PrivatisationM&AAmara Holdingsboustead singaporeboustead projectsHock Lock Siew

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