Asset Acquisitions and Disposals::Proposed disposal of an effective 80% interest in the capital of Greenfields Dairy Singapore Pte Ltd

Issuer & Securities

Issuer/ Manager
JAPFA LTD.
Securities
JAPFA LTD. - SG1AB9000005 - UD2
Stapled Security
No

Announcement Details

Announcement Title
Asset Acquisitions and Disposals
Date &Time of Broadcast
07-Dec-2020 00:57:41
Status
New
Announcement Sub Title
Proposed disposal of an effective 80% interest in the capital of Greenfields Dairy Singapore Pte Ltd
Announcement Reference
SG201207OTHR9W6H
Submitted By (Co./ Ind. Name)
Cheng Sai Hong
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
The Company has, on 6 December 2020, entered into a conditional Share Purchase Agreement with Freshness Holdings Ltd. and Freshness Ltd. that will result in the effective disposal of 80% of the shareholding in its subsidiary, Greenfields Dairy Singapore Pte Ltd. Please see attached.

Attachments

Project XCeed Announcement Final.pdf
20201207 Japfa TPG Northstar Press release.pdf
Total size =438K