19 Jul 2017

Aztech Group Ltd. - Selective capital reduction

Partners Danny Lim, Penelope Loh and Associate Ng Su Rong from the Capital Markets/Mergers & Acquisitions practice are advising Aztech Group Ltd. (“Group”) in its selective capital reduction exercise to enable minority shareholders to realise the value of their shares, subsequent to the delisting of the company from the Main Board of the Singapore Exchange Securities Trading Limited (“SGX-ST”) on 21 February 2017. Based on the cancellation price of S$0.42 per share, the Group is valued at approximately S$21.42 million.