Seah Holdings Announces Tender Offer for 4.41% of Its Own Shares at 160,000 Won Per Share for Cancellation
Seah Holdings plans to tender offer 187,000 of its own shares (4.41% of total outstanding shares) at 160,000 won per share, followed by full cancellation.
The tender offer price represents a 10.88% premium over the prior trading day's closing price of 144,300 won before the board resolution.
The tender offer period runs from May 20 to June 8, 2026 (20 days). The board supports the offer but leaves participation to shareholders' discretion.