Chip Eng Seng Corp

Celine and Gordon Tang to privatise Chip Eng Seng with acceptance crossing 90% - THE EDGE SINGAPORE

Offer

Celine and Gordon Tang to privatise Chip Eng Seng with acceptance crossing 90%

The Tangs can now exercise their right to acquire the remaining shares

Company in the news

Second Chance, with $12.7 mil cash from accepting Chip Eng Seng offer, opts for cash dividends and not scrip

As at Nov 30, Chip Eng Seng was the second largest securities holding within Second Chance's portfolio
Chip Eng Seng chairman Tang makes 72 cents per share offer to increase stake - THE EDGE SINGAPORE

Company in the news

Chip Eng Seng chairman Tang makes 72 cents per share offer to increase stake

As at June 30, Chip Eng Seng's book value was 99.06 cents per share

Property

OKH Global to sell property to Chip Eng Seng at $35 million

Celine Tang chairs both companies' boards

Company in the news

Chip Eng Seng's Tang still in discussion over 'possible transaction'

Year to date, Chip Eng Seng's share price has gained 71.43% to close at 72 cents on Nov 7.
Chip Eng Seng chairman Tang still in "discussion" over possible share transaction - THE EDGE SINGAPORE

Company in the news

Chip Eng Seng chairman Tang still in 'discussion' over possible share transaction

Year to date, the company’s share price has gained 69.05%
Chip Eng Seng chairman Celine Tang 'considering a possible transaction' - THE EDGE SINGAPORE

Company in the news

Chip Eng Seng chairman Celine Tang 'considering a possible transaction'

Tang had in January this year privatised another company she owns, SingHaiyi Group

Insider moves

Nordic chairman and Suntec’s Celine Tang raise respective stakes; Food Empire buys back shares

Nordic's 1HFY2022 earnings were up 49% y-o-y to $11.6 million

Property

Chip Eng Seng to refurbish hotel at Alexandra Road

Momentus Hotel Alexandra will reopen in 1Q 2023.
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