A MAJORITY of PCI shareholders who attended a scheme meeting on Tuesday, have approved Platinum Equity Advisor's offer to acquire all the shares in the company by way of a scheme of arrangement at S$1.33 per share, in a deal worth some S$264.8 million.
Singapore-listed investment firm, Chuan Hup Holdings, holds about 152.7 million shares, or a 76.7 per cent stake in PCI.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: