Brief: Indiev Inc And Malacca Straits Acquisition Company Limited Enter Business Combination Agreement

Malacca Straits Acquisition Co

26/09/2022 21:38

Sept 26 (Reuters) - Malacca Straits Acquisition Co Ltd
 MLAC.O :
    * INDIEV, INC. AND MALACCA STRAITS ACQUISITION COMPANY
LIMITED
ENTER BUSINESS COMBINATION AGREEMENT
    * INDIEV INC - HOLDERS OF OUTSTANDING INDIEV SHARES WILL
RECEIVE
SHARES IN MALACCA VALUED AT $600 MILLION
    * INDIEV INC - CEO OF INDIEV HAS ALSO SIGNED A SUBSCRIPTION
AGREEMENT TO PURCHASE $15 MILLION OF SHARES IN MALACCA AT A
PRICE OF $10.00 PER SHARE

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