MTQ (M05) completed the disposal of PEMAC after the buyer paid a first tranche sale price of SG$3.2 million, according to a filing with the Singapore Exchange on Monday.
In an earlier filing, the company had entered into a sale and purchase agreement with Sidi Investment Holdings for the disposal of its subsidiary, Pemac, for an aggregate consideration of SG$5.5 million.
Net proceeds from the disposal will be used to fund and reinforce primary operations, to reinvest in other core business segments and for general working capital purposes.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。