Verveine to acquire the remaining 37% stake in GK Goh for $108m.

Verveine, a special purpose vehicle equally owned by Mr Goh Geok Khim and Mr Goh Yew Lin, agreed to acquire the remaining 37% stake in GK Goh, an investment services company, for $108m. The privatisaton and delisting will allow the company to restructure its asset mix and provide greater flexibility to take strategic long-term decisions without the pressure of delivering profits in the short term.