SUBSCRIBERS

Kuok Group makes offer for PACC Offshore at S$0.215 per share in cash

Published Mon, Nov 4, 2019 · 09:50 PM
Share this article.

Singapore

QUETZAL Capital has announced a voluntary conditional cash offer for PACC Offshore Services Holdings (POSH) at S$0.215 per share in cash even as the mainboard-listed company is mired in deeper losses.

Quetzal Capital is the bid vehicle formed by certain members of the Kuok group of companies, namely Kuok (Si…

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Companies & Markets

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here