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Baodi's acquisition of Techcomp shares triggers mandatory offer

M&A

Baodi's acquisition of Techcomp shares triggers mandatory offer

PC Lee Published on Tue, Aug 21, 2018 / 4:47 PM GMT+8

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SINGAPORE (Aug 21): Techcomp (Holdings), the scientific equipment supplier, has received a HK$3.267 per share offer from Baodi International Investment for all the shares held by minority shareholders.

Baodi plans to maintain Techcomp's listing on the Singapore Exchange.

The offer represents a premium of about 32.8% over the closing price of HK$2.46 per share as quoted on the Stock Exchange on the April 18, being the last trading day for the shares prior to the suspension of trading.

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Baodi's acquisition of Techcomp shares triggers mandatory offer

M&A

Baodi's acquisition of Techcomp shares triggers mandatory offer

Primary tabs

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Baodi's acquisition of Techcomp shares triggers mandatory offer

M&A

Baodi's acquisition of Techcomp shares triggers mandatory offer

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