Mandatory offer announced for SG-listed Spindex to take it private, delist

Mandatory offer announced for SG-listed Spindex to take it private, delist

Singapore-listed Spindex Industries founding family owned Hong Wei Holdings that holds over 50 per cent stake in Spindex has announced a mandatory unconditional offer for all remaining shares in the company at 85 Singapore cents, a move that could draw a close to the month long tussle by the family to take the company private.

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