Rego Interactive Co. Ltd. Announces 20% Discount in Final Consideration for Acquisition of Target Company

Reuters
21 Jul
Rego Interactive Co. Ltd. Announces 20% Discount in Final Consideration for Acquisition of Target Company

Rego Interactive Co. Ltd. has issued a supplemental announcement regarding its acquisition of equity interests in the Target Company. The Board of Rego Interactive provided additional information on the financial performance and capital structure of the Target Company, stating that the trailing enterprise value-to-sales multiple was used for valuation. The Board, after consulting with the Valuer, confirmed that the guideline public company method under the market approach was more applicable for this valuation. The Directors have conducted a thorough review and affirmed the valuation's accuracy following due diligence.

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