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JEP Holdings Ltd (JEPH.SI)

JEPH.SI on Stock Exchange of Singapore

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29 Mar 2017
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Latest Key Developments (Source: Significant Developments)

JEP Holdings Ltd completes acquisition of JEP Industrades Pte Ltd
Thursday, 27 Aug 2015 06:21am EDT 

JEP Holdings Ltd:Completes acquisition of JEP Industrades Pte Ltd.Says purchase consideration for the acquisition was partially satisfied by the issue and allotment of 120,000,000 consideration shares.  Full Article

JEP Holdings Ltd proposed acquistion of JEP Industrades Pte Ltd
Wednesday, 15 Jul 2015 07:02am EDT 

JEP Holdings Ltd:Has entered into a sale and purchase agreement to acquire the entire issued and paid-up capital from the two shareholders of JEP Industrades Pte Ltd ('JEPI').Says the purchase consideration comprises the issue and allotment of 120.0 million shares in the Group.Says part of the agreement, the Group will receive S$1.0 mln in dividends, paid from the earnings of JEPI.Says once the payment of this dividend has been completed, JEPI’s subsequent net profit after tax would then be paid back to its original shareholders, up to a maximum payout of S$4.0 mln, over the period of FY2016 to FY2018.  Full Article

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