George Goh, CEO of Meiban Group, has offered to acquire all the issued and paid-up capital of the company.
Goh plans to acquire the shares of Meiban for 40 cents each through his investment holding company, Zhong Yong Holdings.
The offer price represents a 42.9% premium over the group’s last transacted price.
Upon completion of the acquisition, Meiban will be delisted.
Thursday, March 15, 2012
Meiban CEO offers to buy back all stocks at 40 cents each
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