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Innovalues investors should take the offer

Benjamin Cher
Benjamin Cher10/31/2016 10:14 AM GMT+08  • 1 min read
Innovalues investors should take the offer
SINGAPORE (Oct 31): CIMB Research is urging investors to accept the general offer by Precision Solutions Group, a subsidiary of private equity firm, Northstar.
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SINGAPORE (Oct 31): CIMB Research is urging investors to accept the general offer by Precision Solutions Group, a subsidiary of private equity firm, Northstar.

In a Thursday note, analyst Ngoh Sin Yi notes that the offer price of $1.01 per share is at a 30.5% premium over the 12-month volume weighted average price up to April 6.

While Ngoh prefers the cash-only option which offers investor a clean exit opportunity, investors who see longer-term potential in the company should choose the cash plus shares option.

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