Sin, executive chairman and CEO of the construction firm, first launched the offer on June 1.
Sin Soon Teng (picture), who offering 16.8 cents to privatise Sysma Holdings (SGX:5UO
) , will not be revising the offer, says RHT Capital, which is helping to arrange the deal.
The announcement came after the market closed on July 10. Earlier in the day, Sysma shares closed at 18 cents, up 4.14% for the day.
