SINGAPORE (Feb 26): Quarz Capital, the activist investment group, wants CSE Global to distribute $18 million of its $48 million net cash.

Given its issued share capital of 516 million, the disrribution per share would work out to be roughly 3.5 cents.

This while continuing to retain a sizeable net cash balance in excess of $30 million to execute on strategic plans and capitalise on opportunities.

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