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SYDNEY: Australian food firm Goodman Fielder has rejected a US$1.2bil (RM3.96bil) takeover bid from Wilmar International Ltd and a Hong Kong-listed investment management firm as too low, but expectations are high that the parties will keep talking.
PETALING JAYA: PACC Offshore Services Holdings Ltd (POSH), an offshore support vessel (OSV) operator owned by Malaysian billionaire Robert Kuok (pic), will raise at least S$388.27mil (RM1.01bil) from its initial public offering (IPO) on the Singapore Exchange next Friday.
KUALA LUMPUR: PACC Offshore Services Holdings Ltd, which is controlled by Robert Kuok, expects to raise about S$388.3mil from its initial public offer on the Singapore Exchange.
SINGAPORE: Singapore-listed Ezion Holdings Ltd, which supplies support vessels for offshore oil fields, said it planned to sell shares to two firms in Malaysia’s Hong Leong Group, raising US$155mil (RM508.4mil) to help expand its fleet.
PETALING JAYA: Malaysian Bulk Carriers Bhd’s (Maybulk) 21.23%-owned associate PACC Offshore Services Holdings (POSH), which is headed for a listing in Singapore by the end of the month, plans to actively expand its fleet to include deepwater accommodation vessels and break into new markets such as Latin America.
SINGAPORE: PACC Offshore Services Holdings (POSH) has launched the bookrunning process for a Singapore IPO that could raise up to US$380mil – a boost to the city-state's stock market which has seen just one other major main board listing so far this year.
SINGAPORE: PACC Offshore Services Holdings (POSH)is looking to raise between US$304mil and US$334mil in a Singapore listing, according to a term sheet seen by Reuters.
SINGAPORE: PACC Offshore Services Holdings (POSH), part of the empire of Malaysia’s richest man Robert Kuok, has roped in Hwang Investment Management Bhd and Fortress Capital Asset Management as cornerstone investors for its Singapore listing.
MALAYSIAN Bulk Carriers Bhd’s (Maybulk) 21.23%-owned associate PACC Offshore Services Holdings (POSH) is planning an initial public offering of up to US$370mil (RM1.21bil) in Singapore, with a good number of the shares going to Malaysian funds, including Hwang Investment Management, sources say.