“Accordingly, the offer has become unconditional in all respects,” says DBS Bank.
The offer by Fragrance Group’s executive chairman and CEO, Dr. Koh Wee Meng, has turned unconditional.
In a July 12 filing, DBS Bank, who acted for and on behalf of Koh through JK Global Treasures, says as at 6pm on July 11, the offeror had received valid acceptances of 6.143 billion shares, representing 91.5% of all the issued shares in the group.
