H2G Green Subsidiary Receives Balance Consideration for Assets Sale from Molteni Group

MT Newswires

01/13

H2G Green's (SGX:5AI) subsidiary, P5, received the balance consideration for the disposal of certain assets to Molteni Group, according to a Tuesday filing with the Singapore Exchange.

In an earlier filing, the company had confirmed the disposal, with the purchaser agreeing to pay a balance consideration of around SG$888,156 by Jan. 12.

The assets include selected information technology assets, a lease of a showroom and certain design and pipeline projects.

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