Sin is doing so via a vehicle called GTV Capital, which he solely owns. Sin holds 66.02% of the company, which was listed in August 2012.
Sin Soon Teng (picture), executive chairman and CEO of construction firm Sysma Holdings (SGX:5UO
) is offering to privatise the company at 16.8 cents.
The offer price is a 34.4% premium over the last traded price of 12.5 cents.
