Home News Company in the news

GK Goh Holdings weighs Boardroom sale at US$300 mil

Bloomberg1/21/2021 10:56 AM GMT+08  • 2 min read
GK Goh Holdings weighs Boardroom sale at US$300 mil
Shares of GK Goh rose 5.2% Wednesday (Jan 20), the biggest gain since June 2020.
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

Singaporean investment firm GK Goh Holdings Ltd. is conducting a strategic review on Boardroom Ltd. which could lead to a potential sale of the corporate services provider.

GK Goh has appointed Credit Suisse Group AG as a financial adviser as it evaluates various options for its shareholding in Boardroom, the company said in a filing Wednesday, confirming an earlier Bloomberg News report. Discussions are at an early stage and may not result in any transaction, GK Goh said.

The Singapore-listed firm is seeking to raise about US$300 million ($397.7 million) from a divestment of Boardroom, according to people familiar with the matter. The business has attracted preliminary interest from other industry players, said the people, who asked not to be identified as the information is private.

For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.
Unlock unlimited access to premium articles with less than $9 per month. Subscribe Now