10-11-2021, 07:31 AM
The Edge Singapore Published on Tue, Nov 09, 2021 / 3:48 PM GMT+8 / Updated 10 hours ago
Gordon and Celine Tang, the couple controlling developer SingHaiyi, is making an offer to privatise the developer, offering 11.7 cents per share for the 21.63% of the company they don't already own.
The offer price is a premium of 8.3% over the last traded price of 10.8 cents as of Nov 8, and values the company at around $498 million.
As at Sept 30, the company’s net asset value per share was 14.96 cents
https://www.theedgesingapore.com/news/co...ents-share
Gordon and Celine Tang, the couple controlling developer SingHaiyi, is making an offer to privatise the developer, offering 11.7 cents per share for the 21.63% of the company they don't already own.
The offer price is a premium of 8.3% over the last traded price of 10.8 cents as of Nov 8, and values the company at around $498 million.
As at Sept 30, the company’s net asset value per share was 14.96 cents
https://www.theedgesingapore.com/news/co...ents-share