SINGAPORE (June 28): M-Universe Investments' cash offer to privatise Memtech International has been extended by some two weeks to July 26 from July 12.

The offeror, a bid vehicle for a consortium led by Memtech’s executive chairman Chuang Wen Fu and his family, says it has no intention to revise the offer price.

In May, M-Universe announced its offer to buy back all Memtech shares it does not own at $1.35 each.

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