Brief: Ta Corporation updates on acquisition of Investment Firm Pte Ltd
06/01/2017 09:12
Jan 6 (Reuters) - Ta Corporation Ltd TACO.SI :
* Sino Holdings (S'pore) Pte Ltd, has acquired 100% of
issued and paid up capital of Investment Firm Pte. Ltd.
* Cash consideration for acquisition of S$2 million
* Acquisition of TIF is funded by internal funds and bank
borrowings
* Acquisition is not expected to have any material impact on
net tangible assets per share of group for current FY ending 31
Dec 2017
Source text for Eikon: ID:nSN7ms26G
Further company coverage: TACO.SI
((Bangalore.newsroom@thomsonreuters.com;))
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