19 Sep 2019

Voluntary Conditional Cash Offer for Shares in San Teh Ltd

Danny Lim and Penelope Loh from the Capital Markets / Mergers & Acquisitions Practice are advising San Teh Ltd (“Company”) on the S$95.77 million (US$69.6m) voluntary conditional cash offer by CEL Impetus Corporate Finance Pte Ltd for and on behalf of Singapore San Teh Real Estate Pte. Ltd. for the shares of the Company. The Company is listed on the SGX-ST Mainboard and is engaged in property development and investment, hotel, and PVC pipes and fittings businesses.