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Revisions

Tat Hong MD Roland Ng raises offer price to 55 cents from 50 cents

M&A

Tat Hong MD Roland Ng raises offer price to 55 cents from 50 cents

PC Lee Published on Thu, Apr 26, 2018 / 8:00 AM GMT+8

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SINGAPORE (Apr 26): THSC Investments has upped its offer price for Tat Hong by 5 cents to 55 cents in cash from 50 cents initially.

The closing date for the offer has been extended from today to May 14.

The revised offer price is 10% higher than the initial offer price and values the crawler crane rental company at $414 million. The offeror says it does not intend to revise the final offer price.