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Sincap group Ltd proposes acquisition of property development in South Perth, Western Australia


Monday, 11 Aug 2014 12:37pm EDT 

Sincap group Ltd:Enters into term sheet dated Aug. 11 with Ng Hong Whee, Lim Chuan Lam, Hartajia Limited, Kairos 300 Resources Limited and Wang Fang (Vendors).For proposed acquisition by company of all issued shares (Sale Shares) in capital of LTN Land Pte. Ltd. (LTN) from Vendors.Term Sheet is non-legally binding as to terms of Proposed Acquisition which are subject to further negotiation and agreement of Parties.Proposed aggregate consideration for Proposed Acquisition to be paid by company to Vendors on Completion shall be S$38,500,000. 

Company Quote

0.151
-0.0010 -0.66%
16 Sep 2014