Brief: IPS Securex announces proposed acquisition of Yatai Security & Communications Pte

IPS Securex Holdings

24/02/2016 10:43

Feb 24 (Reuters) - IPS Securex Holdings Ltd  IPSS.SI : 
 
 * Proposed acquisition of Yatai Security & Communications Pte. Ltd. and Avac Systems Pte. Ltd.)  IPSS.SI  
 * The company has entered into a conditional sale and purchase agreement on 24 February 2016 
 * Will acquire 100.0% of the issued share capitalof each of target company im and target company II from the vendors 
 * Says purchase consideration payable by the company to the vendors for the sale shares is s$1.9 million 
 * Pursuant to agreement co will acquire 100.0% of the issued share capital ofeach of target company i and target company II 
 
 * Source text for Eikon  ID:nSNZ24bdkw  
 
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