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TMC Education receives 6.75 cent cash offer from Koh Wee Meng, CEO of Fragrance

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TMC Education receives 6.75 cent cash offer from Koh Wee Meng, CEO of Fragrance

PC Lee Published on Fri, Dec 15, 2017 / 7:06 AM GMT+8

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SINGAPORE (Dec 15): TMC Education Corp has received a 6.75-cent cash offer from property tycoon Koh Wee Meng.

Koh, who is also chief executive of Fragrance Group, is making the offer through his investment holding company JK Global Assets.

The offer price is 69% higher than TMC's Wednesday closing price of 4 cents.

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