Brief: Acrometa Group Enters Binding Letter Of Intent To Acquire 40% Of Life Sciences Incubator

AcroMeta

20/02/2023 07:01

Feb 20 (Reuters) - AcroMeta Group Ltd  ACRO.SI :
    * BINDING LETTER OF INTENT TO ACQUIRE 40% OF ISSUED AND PAID
UP
SHARE CAPITAL OF LIFE SCIENCES INCUBATOR
    * UPON COMPLETION OF PURCHASE, GROUP WILL CONTROL 70% OF
LSI, UP
FROM CURRENT 30%
    * LOI TO PURCHASE ADDITIONAL 40% OF OUTSTANDING SHARES OF
LIFE
SCIENCES INCUBATOR FOR TOTAL CONSIDERATION OF S$1.6 MILLION

Source text for Eikon:  ID:nSN3KxL2T 
Further company coverage:  ACRO.SI 
 ((Reuters.Briefs@thomsonreuters.com;))