Razer Execs To Take The Company Private
The group, led by Chairman and company CEO Min-Liang Tan, and non-executive director Kaling Lim, are offering HK$2.82 a share for all of the remaining Razer shares. This totals up to around HK$10.79 billion, or US$1.28 billion (~RM5.85 billion). The two of them already own 57% of the company. Founded in 2005, Razer went public in November 2017. And four years later, the company is going private once again. The reason for wanting to go back to being a private company is stated to be low trading volumes resulting in being undervalued....