Investors now have until 9 February 2015 to decide if they wish to accept Falcon’s SGD 0.495 (37 US cents) per share offer.

The offer represents just a 6.45% premium over the last closing price of CH Offshore shares, before the announcement was made.

Falcon is hoping that the decline in the share prices of most OSV operators may prompt CH Offshore investors to offload the stock.

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