SINGAPORE (Aug 20): Executive chairman Teo Choon Hock (image) and managing director Kwek Keng Seng  are offering to buy shares of little-known bolt and nuts supplier PS Group Holdings that they do not already own at 11.8 cents each.

Based on the company’s share price of four cents on Aug 6 – which was the last day the counter was traded – the offer price represents a premium of about 194.1%.

Have a premium account? Sign in to continue reading.

Unlimited access to all stories from $99.9/year*

The latest reporting and analysis from business and investments to news and views on social issues.


  • Simultaneous logins across all devices
  • Instant access to past digital issues
  • Unlimited access to The Edge Malaysia
  • *For annual subscription plan only. T&Cs apply


Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook