Brief: Axington Inc To Acquire Entire Stake In Achieva Technology Sdn. Bhd.

Serial System

02/09/2022 13:44

Sept 2 (Reuters) - Axington Inc  AXIN.SI :
    * ENTERED INTO A CONDITIONAL SALE AND PURCHASE AGREEMENT
WITH
SERIAL I-TECH (FAR EAST) PTE. LTD.
    * UNDER AGREEMENT, CO TO ACQUIRE ENTIRE STAKE IN ACHIEVA
TECHNOLOGY SDN. BHD.
    * DEAL VALUE SHALL BE LOWER OF S$27 MILLION OR INDEPENDENT
VALUATION OF ACHIEVA TO BE COMMISSIONED

Source text for Eikon:  ID:nSN40t4Gc 
Further company coverage:  AXIN.SI 

 ((Reuters.Briefs@thomsonreuters.com;))