Brief: FinTech Asia Ltd To Buy InvesCore Financial Group

ICFG

14/03/2023 07:48

March 14 (Reuters) - FinTech Asia Ltd  FINAF.L :
    * FINTECH ASIA LIMITED  - ACQUISITION AND SUSPENSION OF
LISTING
    * FINTECH ASIA LTD- HAS ENTERED INTO A HEADS OF TERMS TO
ACQUIRE
ENTIRE ISSUED SHARE CAPITAL OFINVESCORE FINANCIAL GROUP PTE. LTD
    * FINTECH ASIA LTD-  PROPOSED ACQUISITION OF INVESCORE
FINANCIAL
GROUP PTE WOULD CONSTITUTE REVERSE TAKEOVER UNDER UK FCA'S
LISTING RULES
    * FINTECH ASIA - IT IS CURRENT INTENTION OF PARTIES THAT
CONSIDERATION FOR PROPOSED ACQUISITION SHALL BE SATISFIED BY
ISSUE OF ORDINARY SHARES IN CO

Source text for Eikon:  ID:nRSN8796Sa 
Further company coverage:  FINAF.L 

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