IDEAS home Printed from https://ideas.repec.org/a/wsi/acrjxx/v08y2004i02ns0218927504000507.html
   My bibliography  Save this article

Battle over NatSteel: Undervaluation or Inimitable Foresight?

Author

Listed:
  • Ghee Soon Lim

    (Department of Management & Organization, National University of Singapore (NUS), 1 Business Link, BIZ 2 Building, Singapore 117592, Singapore)

Abstract

On June 3, 2002, Singapore's longest corporate takeover battle broke out at NatSteel Ltd when its president Ang Kong Hua, together with his senior managers, launched a management buyout offer to acquire the only steel miller in Singapore. The management buyout offer for a government-linked company was unprecedented in terms of size. In the ensuing months, numerous twists and turns related to the saga emerged, making the takeover battle one of the most memorable and reported events in Singapore's corporate history. The long and winding case can be approached from three perspectives, namely, corporate finance, law, and strategic management. Readers would gain a lot of insight by looking at the case from all three perspectives instead of only one or two of them. A rich understanding of the dynamics of this case should help students understand and appreciate the many thorny and agonizing issues which real-life decision makers in the corporate world must face and address.

Suggested Citation

  • Ghee Soon Lim, 2004. "Battle over NatSteel: Undervaluation or Inimitable Foresight?," Asian Case Research Journal (ACRJ), World Scientific Publishing Co. Pte. Ltd., vol. 8(02), pages 133-172.
    • Handle: RePEc:wsi:acrjxx:v:08:y:2004:i:02:n:s0218927504000507
    DOI: 10.1142/S0218927504000507
    as

    Download full text from publisher

    File URL: http://www.worldscientific.com/doi/abs/10.1142/S0218927504000507
    Download Restriction: Access to full text is restricted to subscribers
    File URL: https://libkey.io/10.1142/S0218927504000507?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wsi:acrjxx:v:08:y:2004:i:02:n:s0218927504000507. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Tai Tone Lim (email available below). General contact details of provider: http://www.worldscinet.com/acrj/acrj.shtml .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.