
Tower Capital backs $204m Singapore logistics take-private
Tower Capital Asia is supporting a take-private bid for Poh Tiong Choon Logistics that values the Singapore-listed company at approximately S$275 million ($204 million).
A consortium comprising Tower and Choon An Poh, chairman and CEO of Poh Tiong Choon, is willing to buy all outstanding shares for S$1.30 apiece, according to a filing. This represents a slight discount...
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