Singapore's Hwa Hong, Wing Tai offer for Amara Holdings in $391.4 million deal

Reuters
04-28
Singapore's Hwa Hong, Wing Tai offer for Amara Holdings in $391.4 million deal

April 28 (Reuters) - An entity back by Singapore's Hwa Hong Corporation and Wing Tai Holdings WTHS.SI, alongside Malaysia's Newfields said on Monday that it had offered to buy Amara Holdings AMRA.SI, valuing the property firm at S$514.6 million ($391.39 million).

($1 = 1.3148 Singapore dollars)

(Reporting by Nichiket Sunil in Bengaluru)

((Nichiket.Sunil@thomsonreuters.com;))

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