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Datapulse unaware of partial takeover offer prior to media reports

M&A

Datapulse unaware of partial takeover offer prior to media reports

Michelle Zhu Published on Thu, Mar 08, 2018 / 7:35 AM GMT+8

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SINGAPORE (Mar 8): Datapulse Technology says it has received a letter from Ascapia Capital dated Wednesday making clear its intentions to buy over the company.

To recap, Datapulse is suing Singapore-based hedge fund Ascapia for defamation, namely “baseless allegations” made in a Jan 25 open letter to the former’s shareholders and filed to the Singapore Exchange.

According to media reports, Ascapia is seeking a 27% stake in Datapulse to have a say at the company.

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Datapulse unaware of partial takeover offer prior to media reports

M&A

Datapulse unaware of partial takeover offer prior to media reports

Primary tabs

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Datapulse unaware of partial takeover offer prior to media reports

M&A

Datapulse unaware of partial takeover offer prior to media reports

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