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View Full Version : Tangs offer to privatise SingHaiyi Group at 11.7 cents per share



New Reporter
11-11-21, 10:17
Tangs offer to privatise SingHaiyi Group at 11.7 cents per share

The Edge Singapore

November 10, 2021

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SINGAPORE (EDGEPROP) - Gordon and Celine Tang, the couple controlling developer SingHaiyi, is making an offer to privatise the developer, offering 11.7 cents per share for the 21.63% of the company they don't already own.

The offer price is a premium of 8.3% over the last traded price of 10.8 cents as of Nov 8, and values the company at around $498 million.

Read more at: https://www.edgeprop.sg/property-news/tangs-offer-privatise-singhaiyi-group-117-cents-share