Brief: Yongnam Holdings Says It Entered Agreements With Turbo Vision
13/04/2023 11:12
April 13 (Reuters) - Yongnam Holdings Ltd YNAM.SI :
* ENTERED AGREEMENTS WITH TURBO VISION IN RELATION TO LOAN
AGREEMENT FOR A TERM LOAN OF S$3 MILLION
* ENTERED AGREEMENTS FOR SUBSCRIPTION BY TURBO VISION OF
S$20
MILLION IN NEW ORDINARY SHARES IN CO
* TO PURSUE RIGHTS ISSUE TO RAISE APPROXIMATELY S$6.3
MILLION
* CO AND UEM ASSETS PTE AGREED TO TERMINATE 19 JANUARY
AGREEMENTS
ON 13 APRIL
Source text for Eikon: ID:nSN4Vkd0S
Further company coverage: YNAM.SI
((Reuters.Briefs@thomsonreuters.com;))
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