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Hwa Hong extends closing date for privatisation offer to July 6

The Straits Times LogoThe Straits Times1w ago

Hwa Hong extends closing date for privatisation offer to July 6

Quick Summary

June 23, 2022 10:19 AMSINGAPORE (THE BUSINESS TIMES) - The closing date for Sanjuro United's voluntary conditional cash offer of 40 cents per share to take Hwa Hong Corporation private has been extended to 5.30pm on July 6, said the company in a bourse filing on Thursday (June 23).

It comprises Ely Investments, which is wholly-owned by former group managing director Ong Choo Eng and his family, and Ergonomix, which is wholly-owned by Dymon Asia Private Equity (South-east Asia) Fund II.

This represents about 31.7 per cent of the total number of shares.


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Article Details

Category: Economy

Topics: Hong Cent Offer Acceptances Sanjuro Shares June Concert Shareholders Cents Parties

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-06-23, 10:19:08

News Timezone: GMT +8:00

News Source URL: straitstimes.com

Language: English

Reading Time: 3 minutes read

Article Length: 456 words

Coverage Area: Singapore

Availability: Desktop Web, Mobile Web

News ID: 5004

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About The Straits Times

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Main Topics: Economy

Official Website: straitstimes.com

Update Frequency: 7 posts per day

Year Established: 1845

Headquarters: Singapore

News Last Updated: 11h ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

News Language: English

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Publisher ID: #25

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