precision manufacturing

Fu Yu to privatise LCTH for $20.3 mil via selective capital repayment
SINGAPORE (Dec 8): Fu Yu Corporation, the manufacturer of precision plastic components, plans to privatise its subsidiary, LCTH Corporation, through a selective capital repayment exercise (SCR) valued at around RM61.3 million ($20.3 million). LCTH is listed on Bursa Malaysia and focuses on the precision manufacturing of tools and plastic products in Malaysia. As at 6 Dec, it has a share ...
Is Northstar's offer for Innovalues attractive or lowball offer?
SINGAPORE (Oct 27): KGI Securities is advising shareholders of Innovalues to accept PE firm Northstar’s proposed share offer, while Maybank Kim Eng thinks Northstar’s evaluation of the company is “at the low end” of its valuation range. Both KGI and Maybank have kept Innovalues at “hold” with unchanged target prices of 91 cents and $1.15 respectively after the customised precision ...