Brief: Candy Club And Scalare Sign Share Sale And Merger Implementation Deeds

Scalare Partners Holdings

20/06/2024 02:36

June 20 (Reuters) - Candy Club Holdings Ltd  CLB.AX :
    * CLB AND SCALARE SIGN SHARE SALE AND MERGER IMPLEMENTATION
DEEDS
    * CONSIDERATION PAYABLE BY CLB FOR 100% OF ORDINARY SHARES
OF
SCALARE WILL COMPRISE 72 MILLION CLB ORDINARY SHARES
    * AS PART OF TRANSACTION, CO PROPOSES TO CHANGE ITS NAME TO
SCALARE PARTNERS HOLDINGS LTD
    * AS PART OF TRANSACTION, CLB WILL UNDERTAKE A SHARE
CONSOLIDATION
ON A 56 FOR 1 BASIS

Source text for Eikon:  ID:nASX57YKdd 
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