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Amos Group gets 7 cents per share offer from controlling shareholder
The Straits Times
|September 26, 2024
Offshore oil and gas equipment manufacturer Amos Group has received a voluntary unconditional general offer of seven cents per share in cash from its controlling shareholder, PeakBayou.
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It noted the low trading volume of the company's shares on the Singapore Exchange (SGX), adding that the cash consideration provides shareholders an opportunity to liquidate and realise their investment at a premium to prevailing market prices.
PeakBayou is a private equity fund of Hong Kong-based ShawKwei & Partners, which is majority-owned by Amos Group's executive chairman Kyle Arnold Shaw.
PeakBayou on Sept 25 said the offer price is final.
Bu hikaye The Straits Times dergisinin September 26, 2024 baskısından alınmıştır.
Binlerce özenle seçilmiş premium hikayeye ve 9.000'den fazla dergi ve gazeteye erişmek için Magzter GOLD'a abone olun.
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