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Tat Seng Packaging Group Ltd ( (SG:T12) ) has issued an update.
Tat Seng Packaging Group Ltd has announced the appointment of W Capital Markets Pte. Ltd. as the independent financial adviser for a mandatory unconditional cash offer made by Dr. Goi Seng Hui. This Chain Offer involves acquiring all issued and paid-up ordinary shares not already owned by the Offeror. Shareholders are advised to await the Offeree Circular, which will contain the independent financial adviser’s advice and the Independent Directors’ recommendations, before making any decisions regarding their shares.
More about Tat Seng Packaging Group Ltd
Tat Seng Packaging Group Ltd is a company incorporated in Singapore, operating in the packaging industry. It primarily focuses on the production and distribution of packaging products.
Average Trading Volume: 28,961
Technical Sentiment Signal: Buy
Current Market Cap: S$141.5M
For a thorough assessment of T12 stock, go to TipRanks’ Stock Analysis page.