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Memtech minority shareholders should take $1.35 cash offer, says CGS-CIMB

Stanislaus Jude Chan
Stanislaus Jude Chan • 2 min read
Memtech minority shareholders should take $1.35 cash offer, says CGS-CIMB
SINGAPORE (May 29): CGS-CIMB Research says minority shareholders of Memtech International (MTEC) should take the cash offer of $1.35 per share, which the brokerage deems to be a “fair” offer price and an “attractive cash exit opportunity”.
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