A PARTNERSHIP between Tat Hong Holdings' chief executive and Standard Chartered's private equity arm has raised its general offer for Tat Hong shares to 55 Singapore cents per share, five cents above its earlier bid. The deadline for the offer has also been extended to May 14, 2018, according to an announcement by THSC, the takeover vehicle controlled by Tat Hong chief executive Roland Ng and Standard Chartered's SCPE. The new offer price, which is final, represents a 13.4 per cent premium over Tat Hong's last traded price of 48.5 Singapore cents on Wednesday. Independent financial adviser ANZ had found the earlier offer of 50 Singapore cents per share to be "fair and reasonable", and Tat Hong's independent directors had recommended that shareholders accept the earlier offer.