Goh family closes Ossia International buyout offer with 85.92% shares acquired

The family received valid acceptances for 23.5 million shares.

Brothers Goh Ching Wah, Goh Ching Lai, and Goh Ching Huat of Ossia International have received valid acceptances for 23.5 million shares, representing 9.32% of the 252.6 million shares in Ossia International at the close of its privatisation offer on 30 August.

On 12 June, the Goh family made a voluntary conditional offer to privatise the company at $0.145 per share.

This increased the family's total shareholding in the company to 213.9 million shares or 84.66% of the total number of shares.

Including Goh Lee Choo, the sister of the Goh brothers and a concert party of the offer, the family holds 217.1 million shares in Ossia, representing 85.92% of the total shares.

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