SG Digest: San Teh gets management buyout offer; SATS acquires JV partner stake

Staff of SATS catering preparing inflight food.

Singapore Exchange-listed property developer and pipes manufacturer San Teh Ltd gets a management buyout offer (MBO) from the Kao family at S$0.28 ($0.20) in cash while airport management services company, SATS Ltd, has completed the acquisition of its remaining interest in a JV for S$17.00 million ($12.28 million).

San Teh gets management buyout offer worth $69m

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