Brief: Raffles Infrastructure Says Magic Micro Is Co's New Synergistic Controlling Shareholder
03/10/2019 15:43
Oct 4 (Reuters) - Raffles Infrastructure Holdings Ltd
RAFL.SI :
* ANNOUNCE SIGNING OF MOU TO ESTABLISH STRATEGIC COOPERATION
IN
INFRASTRUCTURE INVESTMENT OPPORTUNITIES IN GLOBAL MARKET
* MAGIC MICRO CO. LTD ACQUIRED 13.8 MILLION SHARES FOR ABOUT
S$6.9
MILLION TO BECOME GROUP'S NEW SYNERGISTIC CONTROLLING
SHAREHOLDER
* MMC & CO TO EXPLORE PARTNERSHIPS INCLUDING FINANCIAL,
TECHNOLOGICAL COOPERATION IN INFRASTRUCTURE & SMART CITY
PROJECTS
Source text for Eikon: ID:nSNXSBrH
Further company coverage: RAFL.SI
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