Brief: Okh Global Says Okh Transhub To Sell 40% Stake In Equalbase To Deltanvil

Global Resource Construction

02/03/2022 13:52

March 2 (Reuters) - OKH Global:
    * OKH TRANSHUB TO SELL 40% STAKE IN EQUALBASE TO DELTANVIL
    * CHRONOZ INVESTMENT ENTERED INTO SHARE SALE AGREEMENT WITH
INDIVIDUAL FOR SALE OF 15% STAKE IN DELTANVIL PTE LTD
    * AGGREGATE PURCHASE CONSIDERATION IS S$51.40 MILLION FOR
PROPOSED
DIVESTMENT
    * GROUP EXPECTED TO RECORD NET LOSS OF ABOUT S$16.61 MILLION
ARISING FROM PROPOSED DIVESTMENT

Source text for Eikon:  ID:nSN9pkTGc 
Further company coverage:  OKHG.SI 

 ((Reuters.Briefs@thomsonreuters.com;))