Pacific Carriers on track to be delisted
SHIPBUILDING company Pacific Carriers Ltd (PCL) is on track to
be delisted from the Singapore Exchange (SGX) after the private
vehicle of Malaysian tycoon Robert Kuok received 94.72% acceptances
for its takeover offer.
Hovert Investments, the investment holding company of Kuok (Singapore),
said all PCL shareholders would be paid S$1.40 per share, regardless
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