takeover bid

Commodities

GEAR fails to win bid for Stanmore Coal

(Jan 23): Singapore’s Golden Investments said on Wednesday that it will seek a board position at Australia’s Stanmore Coal as its biggest shareholder, despite the failure of a A$240 million ($232.8 million) takeover bid.

Update

Star Engineering looks set to contest Spindex founding family in takeover quest

SINGAPORE (March 6): A new bidder looks set to enter the battle to take control of Spindex Industries, challenging the founding family for control over the homegrown manufacturer of precision machined parts and assemblies.
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