Brief: Alpha DX Says Purchase Consideration Expected To Be $60.0 Mln
18/03/2024 15:37
March 18 (Reuters) - Alpha DX Group Ltd ALPH.SI :
* ENTRY INTO BINDING TERM SHEET IN RELATION TO THE PROPOSED
ACQUISITION OF A NEW BUSINESS
* PURCHASE CONSIDERATION EXPECTED TO BE $60.0 MILLION
* PROPOSED ACQUISITION, IF UNDERTAKEN AND COMPLETED, IS
EXPECTED
TO RESULT IN REVERSE TAKEOVER OF CO
* PROPOSED ACQUISITION OF ENTIRE STAKE IN SHANGHAI KEDONG
NETWORK
TECHNOLOGY
Further company coverage: ALPH.SI
((Reuters.Briefs@thomsonreuters.com;))
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