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Tat Seng Packaging Group Ltd ( (SG:T12) ) has provided an update.
Tat Seng Packaging Group Ltd has announced a mandatory unconditional cash offer by Dr. Goi Seng Hui to acquire all issued and paid-up ordinary shares not already owned or controlled by him. The offer price is set at S$0.899 per share, based on the average traded prices on the Singapore Exchange. This move could potentially impact the company’s operations and market positioning, as it involves a significant acquisition of shares, potentially altering shareholder dynamics and control.
More about Tat Seng Packaging Group Ltd
Tat Seng Packaging Group Ltd is a company incorporated in Singapore, operating in the packaging industry. The company focuses on producing and providing packaging solutions, primarily offering products such as corrugated paper packaging for various industries.
Average Trading Volume: 19,691
Technical Sentiment Signal: Buy
Current Market Cap: S$146.2M
Find detailed analytics on T12 stock on TipRanks’ Stock Analysis page.