SEA Digest: Sea Ltd announces pay hikes; Consortium makes fresh attempt to take Penguin Int'l private
CEO Forrest Li has announced a 5% pay increase for staff who joined Sea Ltd. before Mar 31.
Source: dealstreetasia.com
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Penguin chairman, MD and Dymon Asia SPV in second attempt to take firm private
The new offer price of 82 cents per share represents a premium of 15.5% over Penguin’s last transacted price of 71 cents. Read more at straitstimes.com.
Source: straitstimes.com