Spindex shares, typically thinly-traded, last traded at $1.34 on Sept 26 with just 100 shares changing hands.
Spindex was incorporated in 1987 and listed on the then Sesdaq in Nov 1998, and was upgraded to the mainboard in April 2001.
The company describes itself as a maker of precision-machined components and assemblies, operating manufacturing locations in Singapore, Malaysia, China and Vietnam.
The Tans already hold in total 74.95% of Spindex shares. They plan to delist the company if the scheme is successful.
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The offerors are doing so because they want "greater flexibility" in running the company for a "longer horizon".
The Tans already hold in total 74.95% of Spindex shares. They plan to delist the company if the scheme is successful.
