EuroSports Global (SGX:5G1) has completed its acquisition of an additional stake in Indonesian car dealer Prosper Auto, bringing its shareholding to 80% from 51%, according to a Tuesday filing with the Singapore Exchange.
Shares of EuroSportswere up nearly 6% in Wednesday morning trade in Singapore.
The company had earlier agreed to acquire 145,029 shares in Prosper Auto for SG$12.41 per share from Eden Capital for a total consideration of SG$1.8 million.
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