Brief: TIH Updates On Proposed Disposal Of Minority Stake In CEI Ltd

TIH

11/01/2021 13:07

Jan 11 (Reuters) - TIH Ltd  TIHL.SI :
    * PROPOSED DISPOSAL OF MINORITY STAKE IN CEI LIMITED
    * DEAL AT OFFER CONSIDERATION OF S$1.15 PER OFFER SHARE
    * TIHT GIVEN IRREVOCABLE UNDERTAKING TO ACCEPT OFFER IN
RESPECT OF
ALL (AND NOT SOME ONLY) OF OFFER SHARES HELD BY TIHT AT OFFER
CONSIDERATION
    * AEM SINGAPORE PTE INTENDS TO MAKE VOLUNTARY CONDITIONAL
OFFER
FOR ALL ISSUED AND PAID-UP ORDINARY SHARES IN CEI LTD

Source text for Eikon:  ID:nSNZ3pp6fz 
Further company coverage:  TIHL.SI 

 ((Reuters.Briefs@thomsonreuters.com;))