Interested Person Transaction::(1) Proposed Acquisition and (2) Ratification of the Entry into an Addendum

Issuer & Securities

Issuer/ Manager
ALPHA DX GROUP LIMITED
Securities
ALPHA DX GROUP LTD - SGXE43564132 - VVL
Stapled Security
No

Announcement Details

Announcement Title
Interested Person Transaction
Date &Time of Broadcast
18-Nov-2021 00:22:37
Status
New
Announcement Sub Title
(1) Proposed Acquisition and (2) Ratification of the Entry into an Addendum
Announcement Reference
SG211118OTHR3T1W
Submitted By (Co./ Ind. Name)
Tan Wee Sin
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
(1) THE PROPOSED ACQUISITION OF AN EXCLUSIVE PERPETUAL TERRITORIAL LICENSE FROM ERC INSTITUTE PTE. LTD. AS AN INTERESTED PARTY TRANSACTION
(2) RATIFICATION OF THE ENTRY INTO AN ADDENDUM AS AN INTERESTED PARTY TRANSACTION

Please see attached.

Additional Details

Interested Person Details
ERC Institute Pte. Ltd. ("ERCI") is fully owned by Didi Investment, Inc, a controlling shareholder of the Company holding 70.56% of the issued and paid-up share capital of the Company as at the date of this announcement. Pursuant to Chapter 9 of Catalist Rules, ERCI is regarded as an "associate" of an "interested person" and the Proposed Acquisition thus constitutes an "interested person transaction".

Attachments

20211118 Alpha - Ann - Acquisition ERCI License.pdf
Total size =234K