Brief: Blumont Group Updates On Proposed Acquisition Of Samadhi Retreats Pte Ltd

Southern Archipelago

16/10/2018 11:56

Oct 16 (Reuters) - Blumont Group Ltd  BLUM.SI :
    * UPDATES ON PROPOSED ACQUISITION OF SAMADHI RETREATS PTE.
LTD.
    * AGGREGATE CONSIDERATION FOR SALE OF SALE SHARES SHALL BE
REVISED
TO SUM OF S$35.0 MILLION
    * OF S$35.0 MILLION DEAL CONSIDERATION, S$28.0 MILLION TO BE
SATISFIED BY ISSUE OF 9.20 BILLION ORDINARY SHARES OF CO AT
S$0.003043 PER CONSIDERATION SHARE

Source text for Eikon:  ID:nSNZ1ByG0c 
Further company coverage:  BLUM.SI 

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