Takeover price for Sunningdale Tech at S$1.55 is 'too low': Quarz Capital

By The Business Times10 days ago

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QUARZ Capital Management said in a statement on Thursday that the proposed takeover price for Sunningdale Tech at S$1.55 per share is “too low“ and “significantly undervalues“ the precision plastic components manufacturer. The activist investor is therefore appealing for Sunningdale's chairman Koh Boon Hwee to protect minority shareholders and negotiate for a fairer deal.

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