Published in Business Times, June 20, 2020 By Mak Yuen Teen On June 23, the mandatory general offer (MGO) for Darco Water Technologies will close. The offeror is Wang Zhi, who is the non-executive deputy chairman of Darco. The MGO was triggered when Mr Wang bought a 14.27 per cent stake at S$0.17 per share in May this year, bringing his total stake from 29.5 per cent to 43.8 per cent. Source