03 Mar 2017

Voluntary Unconditional Cash Offer by Excel First Investments Limited for the shares of Kingboard Copper Foil Holdings Limited

Danny Lim, Penelope Loh and Caitlin Huang are advising Excel First Investments Limited in its voluntary unconditional cash offer for the shares of Kingboard Copper Foil Holdings Limited, which is listed on the Main Board of the SGX-ST. Based on the offer price of S$0.40 per share, the group is valued at approximately S$289 million. The group is engaged in the manufacture and trading of polyvinyl butyral and related products and licensing business.