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BRIEF-Ta Corporation updates on acquisition of Investment Firm Pte Ltd
January 6, 2017 / 9:18 AM / 10 months ago

BRIEF-Ta Corporation updates on acquisition of Investment Firm Pte Ltd

Jan 6 (Reuters) - Ta Corporation Ltd :

* Sino Holdings (S‘pore) Pte Ltd, has acquired 100% of issued and paid up capital of Investment Firm Pte. Ltd.

* Cash consideration for acquisition of S$2 million

* Acquisition of TIF is funded by internal funds and bank borrowings

* Acquisition is not expected to have any material impact on net tangible assets per share of group for current FY ending 31 Dec 2017 Source text for Eikon: Further company coverage:

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