BRIEF-Quetzal Capital Announces Voluntary Conditional Cash Offer For PACC Offshore Services Holdings
Nov 4 (Reuters) - Quetzal Capital Pte:
* ANNOUNCES VOLUNTARY CONDITIONAL CASH OFFER FOR ALL OF ISSUED AND OUTSTANDING ORDINARY SHARES OF PACC OFFSHORE SERVICES HOLDINGS
* OFFER PRICE OF S$0.215 PER SHARE IN CASH
* QUETZAL CAPITAL IS BID VEHICLE FORMED BY CERTAIN MEMBERS OF KUOK GROUP OF COMPANIES
* IS SEEKING TO DELIST AND PRIVATISE POSH FROM SGX-ST
* CO HAS SECURED IRREVOCABLE UNDERTAKINGS IN RESPECT OF ABOUT 75.03% OF SHARES IN ISSUE Source text for Eikon: Further company coverage: