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Ambiguous statements by Hwa Hong directors not helpful for investors

Published Wed, Jul 13, 2022 · 05:50 AM

SHAREHOLDERS of Hwa Hong Corporation have been very poorly served by the property player's disclosures.

An entity called Sanjuro United in May launched an offer to privatise Hwa Hong at S$0.37 per share, and upped the offer to S$0.40 in June.

Throughout the process, disclosures by the company appear designed to muddy any conclusions investors might form on their own.

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