Don Agro's (SGX:GRQ) subsidiary, JSC Tetra, signed supplemental agreements with the vendors to amend terms of various agreements in connection with the acquisitions of CIMT and 812 Capital, according to a Wednesday filing with the Singapore Exchange.
Under the amended terms, the Uni Medica entities are now subsidiaries of 812 Capital and form part of the acquisition.
Meanwhile, acceptance dates for option agreements have been extended which allows the vendor or Tetra to sell or buy the balance stake of 9.98% within 20 months from Sept. 6, 2024 till May 6, 2026.
Concurrently, a loan granted to 812 Capital by Tetra will form part of a partial payment by Tetra for the CIMT acquisition.