EuroSports Global Extends Timeline to Complete Stake Increase in Prosper Auto; Shares Down Nearly 9%

MT Newswires

11/28

EuroSports Global (SGX:5G1) and Eden Capital agreed to extend the date to complete the former's share increase in Prosper Auto, according to a Thursday filing with the Singapore Exchange.

Shares of the distributer and retailer of automobiles were down nearly 9% in Friday trading.

The two parties decided to extend the date to meet precedent conditions to Dec. 11 to allow both sufficient time to make administrative arrangements for the transfer of the shares.

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