Brief: Webuy Global Announces MOU to Acquire PT. Tiga Sakti Utama (TSU), a Leading Indonesian Fruit Importer and Wholesaler in Surabaya, Indonesia
06/12/2023 13:37
Dec 6 (Reuters) - Webuy Global Ltd WBUY.O :
* WEBUY GLOBAL ANNOUNCES MOU TO ACQUIRE PT. TIGA SAKTI UTAMA
(TSU), A LEADING INDONESIAN FRUIT IMPORTER AND WHOLESALER IN
SURABAYA, INDONESIA
* WEBUY GLOBAL: UNDER MOU, CO WOULD RECEIVE A 51% EQUITY
INTEREST
IN TSU IN EXCHANGE FOR 800,000 OF CO'S ORDINARY SHARES WITH
CERTAIN LOCKUP ARRANGEMENT
Source text for Eikon: ID:nGNX41bzjB
Further company coverage: WBUY.O
((Reuters.Briefs@thomsonreuters.com;))