08.05.2018

Tat Hong moves closer to takeover

Tat Hong has announced that THSC Investments now controls 84.2 percent of its shares as part of its offer to acquire the Singapore based crane and equipment company. Of these 60.6 percent of the shares are owned by parties working with THSC.

However THSC needs a further 5.74 percent of the shares before its offer goes unconditional. The offer will close on May14th. For more information on the offer click here to see Tat Hong May go private
.