Otto Marine has set the date for shareholder vote on executive chairman Yaw Chee Siew's offer to take the Singapore offshore vessel owner private.
The company told the Singapore Exchange that it will hold a shareholders meeting on 14 September for the exercise.
Siew's wholly-owned Ocean International Capital is offering SGD 0.32 ($0.24) per share for the company, which is slightly above Monday's closing price of SGD 0.30.
With
