Robert Kwok’s goal to take Singapore OSV player PACC Offshore Services Holdings (POSH) private has pushed ahead with a formal share delisting application submitted to the Singapore Exchange (SGX).
OCBC Bank, which is acting for Quetzal Capital a privatization vehicle formed by certain members of the Kuok Group of companies, said on Friday that with the closure of the voluntary conditional cash offer the total number of shares owned, controlled or agreed to be acquired by the offeror and its concert parties amounted to approximately 96.48
