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Is a battle brewing at Spindex Industries?

Michelle Teo Published on Mon, Mar 06, 2017 / 3:02 PM GMT+8

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SINGAPORE (Feb 27): There has been a spate of buying at Spindex Industries by an individual who emerged as a substantial shareholder in the company, immediately after Spindex’s management announced its buyout plan.

(See also: Star Engineering looks set to contest Spindex founding family in takeover quest)

Spindex, which was listed on the stock exchange in 1998, manufactures precision components for a wide range of industries, including consumer electronics, automotive systems and telecommunications.