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Revez receives mandatory offer of 3.06 cents per share after lawyer and investor acquire majority stake

Lim Hui Jie
Lim Hui Jie • 3 min read
Revez receives mandatory offer of 3.06 cents per share after lawyer and investor acquire majority stake
Revez Corporation's group CEO Victor Neo. Photo: Revez
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Digital innovation provider Revez Corporation has received a mandatory offer for all its shares after a lawyer and an investor jointly acquired a 58.58% stake in the company.

Lawyer Bernard Tan Kim Swee and investor Lim Quee Lan had bought the 58.58% stake from L3N Capital, CEO Victor Neo Wee Han, COO Lim Kian Sing and Liang Xingfen, the spouse of Revez chief creative technology officer Lee Han Chong.

Tan and Lim had purchased the stake at 3.06 cents per share. Tan is described as a lawyer, as well as the founder and managing director of Quadrant Law, while Lim is an investor who was a former MNC executive.

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