Dutech Holdings’ executive chairman and CEO, Dr. Johnny Liu Jia Yan, through TSI Metals HK Limited, an investment holding company incorporated in Hong Kong, has, on May 31, made a voluntary unconditional cash offer to shareholders in Dutech Holdings, where TSI Metals HK will be acquiring all of the issued and paid-up ordinary shares in the latter at an offer price of 40 cents in cash.

The offer will be extended to all the shares owned, controlled or agreed to be acquired by parties acting on behalf of TSI Metals HK.

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