Challenger shares last traded at 55 cents on May 29, before trading was halted ahead of the offer announcement.
Challenger Technologies' (SGX:573
) chairman Loo Leong Thye (picture), with the help of private equity firm Dymon Asia, is making yet another attempt to take the company private.
On May 30, via a vehicle called DigiTech Holdings, minority shareholders are being offered 56 cents to sell their Challenger shares.
