21 Sep 2016

Delisting Exit Offer by AVS Investments Pte. Ltd. for Aztech Group Ltd.

Danny Lim and Penelope Loh from the Capital Markets / Mergers & Acquisitions Practice Group are advising Aztech Group Ltd., which is listed on the Main Board of the SGX-ST, in the exit offer by AVS Investments Pte. Ltd., in connection with its voluntary delisting from the SGX-ST. Based on the offer price of S$0.42 per share, the group is valued at approximately S$21.42 million.

The group is engaged in electronics design and manufacturing, LED lighting, material supply and marine, as well as F&B retail and supplies businesses, and is headquartered in Singapore with support offices in USA, Germany, Malaysia, Hong Kong, Philippines and PRC.