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Ascapia Capital says no partial offer for Datapulse

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Ascapia Capital says no partial offer for Datapulse

Stanislaus Jude Chan Published on Fri, Mar 09, 2018 / 3:18 PM GMT+8

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SINGAPORE (Mar 9): Ascapia Capital has confirmed it does not intend to make a partial offer for Datapulse Technology.

This comes after digital media storage manufacturer Datapulse earlier this month filed a writ of summons against the Singapore-based hedge fund for defamation.

Datapulse says Ascapia had made "baseless allegations" in an open letter to its shareholders on Jan 25, which was also filed on the Singapore Exchange (SGX).

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