straits trading

Mixed results for delistings in Singapore

Templeton questions MBKÆs offer to buy out minority shareholders in AsiaPharm, while TecityÆs plan to delist Straits Trading gets a fillip as the competing bidder withdraws.

March 03, 2008

Bidding war wages over Straits Trading

Tecity Group increases its offer for the Singaporean company, valuing it at $1.5 billion, a 12.8% increase over the competing Lee Latex offer. Minority shareholders push the share price up.

January 28, 2008