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Popular Holdings' CEO moves to take company private

Published Wed, Jan 14, 2015 · 09:50 PM

Singapore

CHOU Cheng Ngok, the CEO and executive director of Singapore's beleaguered bookstore chain, Popular Holdings, is attempting to take the company private.

The company, which is also in the publishing, property and education businesses, is expected to receive a voluntary conditional cash offer from Grand Apex Holdings, CIMB Bank Singapore announced on Wednesday, on behalf of the latter.

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