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CWT Ltd to acquires Teng Lee Green Pack Pte Ltd


Friday, 24 Jan 2014 06:03am EST 

CWT Ltd:Enters into a share Sale and Purchase Agreement to acquire 95 pct of the total issued shares of Teng Lee Green Pack Pte Ltd together with the entire shareholding stake in its associated entity Citi Pack Pte Ltd, for a total purchase consideration of S$19.475 mln.Says the balance 5 pct shares will be held equally by two key management members of Teng Lee and are subject to a CWT buy-back at the same terms of consideration at the end of two years from the date of completion of the acquisition. 

Company Quote

1.73
-0.01 -0.57%
11 Jul 2014