Independent journal on economy and transport policy
14:59 GMT+1
Pacific Carriers on track to be delisted
(The Star Online)
May 11, 2001
SHIPBUILDING company Pacific Carriers Ltd (PCL) is on track to be delisted from the Singapore Exchange (SGX) after the private vehicle of Malaysian tycoon Robert Kuok received 94.72% acceptances for its takeover offer.
Hovert Investments, the investment holding company of Kuok (Singapore), said all PCL shareholders would be paid S$1.40 per share, regardless ...... Read more on The Star Online
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