EuroSports Global Boosts Stake in Indonesia's Prosper Auto to 80%; Shares Up Nearly 6%

MT Newswires

2025/12/31

EuroSports Global (SGX:5G1) has completed its acquisition of an additional stake in Indonesian car dealer Prosper Auto, bringing its shareholding to 80% from 51%, according to a Tuesday filing with the Singapore Exchange.

Shares of EuroSportswere up nearly 6% in Wednesday morning trade in Singapore.

The company had earlier agreed to acquire 145,029 shares in Prosper Auto for SG$12.41 per share from Eden Capital for a total consideration of SG$1.8 million.

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