Mary Chia receives cash offer of 11.1 S'pore cents from company related to daughter, son-in-law

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SINGAPORE (Aug 24): Mary Chia, the provider of lifestyle and wellness services, has received a cash offer of 11.1 Singapore cents for each share from Suki Sushi, an F&B company belonging to the daughter and son-in-law of the founder, in an effort to turn the company around.

The offer price values the company at S$18.1 million and is 68.2% higher than its last traded price of 6.6 Singapore cents on Wednesday, the last market day prior to the takeover announcement.

Suki Sushi, which operates Japanese restaurants in Singapore under various brands, is... (Click here to read the full story.)