as more time is needed to obtain directions for the meeting to approve it. TPV has obtained an extension of the despatch date till no later than Sept 30, giving it more time to finalise the document and accommodate the Supreme Court's timetable. TPV shares closed at S$0.65 on Friday, up one Singapore cent or 1.56 per cent.
. In a regulatory filing on Sunday, it said that some of the conditions for the proposed acquisition could not be fulfilled or waived by mutual consent of the parties by the long-stop date of Aug 31, and no further extension of time was agreed to by the parties. It does not expect to bear any costs in relation to the termination. The counter closed at 1.7 Singapore cents on Friday, up 0.3 Singapore cent or 21.43 per cent.
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