CIL eyes further Lion Asia stake

PUBLISHED : Monday, 01 March, 1999, 12:00am
UPDATED : Monday, 01 March, 1999, 12:00am

Fitting-out contractor CIL Holdings yesterday said it might put in an unconditional cash offer for the shares of property company Lion Asia it did not already own. However, CIL said the offer was dependent on agreements from several banks which have business links with Lion Asia.