Incredible Holdings Enters into Reverse Takeover Agreement with Sheng Tai International

MT Newswires
03-12

Incredible Holdings (SGX:RDR) entered into a non-binding MoU with Sheng Tai International for a reverse takeover corporate exercise and strategic restructuring of the company, according to a Tuesday filing with the Singapore Exchange.

The proposed reverse takeover is part of the group's strategy to diversify returns and achieve long-term growth.

The takeover is expected to provide the group with new revenue streams and enhance shareholder value.

Under the terms of the takeover, Sheng Tai plans to inject a prime land asset located in Malaysia into the company for development and construction with the consideration for the asset injection to be satisfied by issuance of new shares in the company.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10