Brief: Intraco Ltd Says Entered Into A Binding HoA For Proposed Investment In MHC Digital Group

Intraco

13/12/2021 07:15

Dec 13 (Reuters) - Intraco Ltd  ITRS.SI :
    * ENTERED INTO A BINDING HEADS OF AGREEMENT WITH MESSRS MARK
CARNEGIE AND SERGEI SERGIENKO
    * HEADS OF AGREEMENT FOR A 51.0% INVESTMENT IN CAPITAL OF
MHC
DIGITAL CO
    * IN CONSIDERATION FOR INVESTMENT, CO WILL PAY S$10.0
MILLION IN
CASH AND ISSUE 100 MILLION NEW SHARES IN CO
    * ISSUE PRICE OF S$0.50 PER SHARE

Source text for Eikon:  ID:nSN5vdZKL 
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