Koh, via an entity called JK Global Wealth, first made the offer on Feb 10.
Following this, an application will be made to the SGX-ST to delist the company.
Global Dragon was first listed on the Catalist board on Sept 27, 1999. Its net asset value (NAV) as at June 30, 2022, was at 13.17 cents.
Shares in Global Dragon closed flat at 11.9 cents on March 17.
