News: Albedo Ltd (ABDM.SI)

ABDM.SI on Stock Exchange of Singapore

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26 Dec 2014
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Fri, Jul 25 2014

Infinite Rewards, Albedo scrap $620 million reverse takeover

KUALA LUMPUR - Malaysia's Infinite Rewards Inc and Singapore-listed Albedo Ltd have scrapped plans for a reverse takeover, according to a statement on Friday, in a deal that would have let Albedo join the foray of international property developers buying up land in Malaysia's Iskandar region.

Infinite Rewards, Albedo scrap $620 mln reverse takeover

KUALA LUMPUR, July 25 - Malaysia's Infinite Rewards Inc and Singapore-listed Albedo Ltd have scrapped plans for a reverse takeover, according to a statement on Friday, in a deal that would have let Albedo join the foray of international property developers buying up land in Malaysia's Iskandar region.

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