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Singapore Offshore Finance

Malaysia’s richest man bids to privatise POSH

Robert Kuok’s businesses back an offer that prices POSH shares at a 97.2% premium to their last traded price on October 30. If this offer goes through, it will pave the way for the delisting of yet another offshore player from the Singapore Exchange

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POSH is one offshore support vessel ripe for privatisation given it is anchored by the Kuok Group, the business empire of Malaysia’s richest person

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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