To Acquire Stake In Agricore Global Pte. Ltd. From Vertex Dg. Pte. Ltd.

Advanced Holdings

19/10/2018 24:43

Oct 19 (Reuters) - Advanced Holdings Ltd  ADVA.SI :
    * ENTERED INTO A SALE AND PURCHASE AGREEMENT FOR PROPOSED
ACQUISITION OF 12.25% OF SHARES IN AGRICORE GLOBAL PTE. LTD.
    * DEAL FOR S$15 MILLION
    * COMPANY INTENDS TO FUND CONSIDERATION THROUGH A
COMBINATION OF
BANK BORROWINGS AND INTERNAL CASH RESOURCES
    * TO ACQUIRE STAKE IN  AGRICORE GLOBAL PTE. LTD. FROM 
VERTEX DG.
PTE. LTD.

Source text for Eikon:  ID:nSNZ9SdRzg 
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 (Reuters.Briefs@thomsonreuters.com)