UTS Marketing Solutions Holdings Ltd. announced a mandatory unconditional cash offer by Emperor Corporate Finance Limited on behalf of the Offeror to acquire all issued shares not already owned or agreed to be acquired by the Offeror and parties acting in concert with it. The Offeror and ALF entered into a Sale and Purchase Agreement with Marketing Intellect, Marketing Talent, and Marketing Wisdom, acquiring 300,000,000 shares, representing 75.0% of the issued share capital. The vendors are companies wholly owned by executive directors of UTS, incorporated in the British Virgin Islands.
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