SINGAPORE: A dramatic dinner date Tuesday night turned tycoons Oei Hong Leong and Tan Sri Vincent Tan Chee Yioun from rivals to partners in the tussle for control of beleaguered education services provider Informatics Holdings Ltd.
Sealed in “one minute” over dinner at the Raffles Town Club, the “win-win” deal involves Informatics making a new one-for-four rights issue at 25 cents per share to raise S$19.6mil, the Straits Times reported.
