(Straits Times) Singapore-based hedge fund Ascapia Capital is mulling over a possible partial takeover offer of cash-rich Datapulse Technology, in which it already owns some 410,000 shares, with the hope of setting things right at the firm. “That is the game plan. We want a 27 per cent (stake) so we can have a say,” Ascapia portfolio manager Wesley Widjaja told The Straits Times. “But it’s on pause for now although we remain open to it as the company’s shareholder base is fragmented and we need to examine our options.”
Hedge Fund Ascapia Weighing Partial Takeover of Datapulse
This entry was posted in Syndicated. Bookmark the permalink.
