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Ellipsiz gets 38 cents per share takeover offer from Lum Chang controlling family

PC Lee Published on Fri, Jul 08, 2016 / 7:53 AM GMT+8

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SINGAPORE (July 8): Ellipsiz, the provider of semiconductor services and products, has received a takeover offer from the Lum family that controls construction firm Lum Chang Holdings.

Lum Chang managing director David Lum Kok Seng and his two sons, Kelvin Lum Wen-Sum and Adrian Lum Wen Hong, are offering 38 cents for each share of it does not already own, it said in a Singapore Exchange filing released on Thursday evening.

Ellipsiz had closed 1 cent higher at 37 cents earlier.

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