Avarga Board Appoints Independent Financial Adviser for TKO Takeover Offer

MT Newswires

2024-11-20

Avarga's (SGX:U09) board appointed Xandar Capital to be the independent financial adviser to advise the company's directors on the takeover offer from TKO, a filing with the Singapore Exchange said on Tuesday.

Earlier, Avarga received an unconditional mandatory general cash offer from TKO through Maybank Securities at SG$0.25 per offer share.

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