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PR Newswire
11-05-2018, 07:32 PM
99,990,000 / 99,000,000 = 1.01
New Substantial Shareholder - Mondrian Ivnestment Partners Limited
Sheng Siong Group Ltd. announced that Mondrian Investment Partners Limited has acquired 99,000,000 ordinary shares in the Company, representing approximately 6.58% of the issued and paid-up share capital of the Company, from the Executive Directors, Mr. Lim Hock Eng, Mr. Lim Hock Chee and Mr. Lim Hock Leng (collectively, the "Lim brothers") for a consideration of S$99,990,000 via a married deal.
Mondrian Investment Partners, founded in 1990, is an independent global investment manager with offices in London and Philadelphia and a value-oriented, defensive investment approach.
New Substantial Shareholder - Mondrian Ivnestment Partners Limited
Sheng Siong Group Ltd. announced that Mondrian Investment Partners Limited has acquired 99,000,000 ordinary shares in the Company, representing approximately 6.58% of the issued and paid-up share capital of the Company, from the Executive Directors, Mr. Lim Hock Eng, Mr. Lim Hock Chee and Mr. Lim Hock Leng (collectively, the "Lim brothers") for a consideration of S$99,990,000 via a married deal.
Mondrian Investment Partners, founded in 1990, is an independent global investment manager with offices in London and Philadelphia and a value-oriented, defensive investment approach.
Specuvestor: Asset - Business - Structure.