Shareholders have rejected Florenz’s takeover offer, and Bougen is still talking of putting a recapitalisation plan before the board.
Listed insurer says inflation, motor crime and supply chain issues have continued to worsen.
NBR Listers who own 25% of company table offer valuing business at $33m.
The pair collectively own just over 25% of Metro Performance Glass already.
The company has warned of a potential $10m earnings hit due to a slowdown in the global 5G rollout.
Shareholders weren’t impressed by the company’s latest guidance.
Canadian company Volaris bid $1.30 a share in cash last month, valuing Eroad at close to $150m.
The wholesale value of honey for the 2023 season was less than the cost to produce it.
After initially insisting securities charges in Singapore would not compromise his duties as chair and director, Lee Joo Hai announces resignation.
Conditional agreement takes infrastructure investor into the geopolitical world of subsea cable development.