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Singapore Post Ltd's Famous Holdings Pte Ltd announces acquisition of entire issued and paid-up share capital of TRAS-Inter Co., Ltd

Wednesday, 29 Jan 2014 04:24am EST 

Singapore Post Ltd:Says its subsidiary, Famous Holdings Pte Ltd (the Purchaser), has entered into a sale and purchase agreement with Eiji Hironaka (the Vendor).Says pursuant to which the Purchaser has agreed to purchase from the Vendor the entire issued and paid-up share capital of TRAS-Inter Co., Ltd. (TRAS), comprising 200 issued and paid-up common shares in total, which are wholly-owned by the Vendor.Says upon the completion of the Acquisition TRAS will become a subsidiary of the company.Says under the agreement, the aggregate consideration for the acquisition is about S$3 mln. 

Company Quote

0.02 +1.05%
28 Nov 2014