Asset Acquisitions and Disposals::Proposed Acquisition of 50% Shareholding Interest in TT Oil (Singapore) Pte. Ltd.

Issuer & Securities

Announcement Title: Asset Acquisitions and Disposals
Date &Time of Broadcast: 30-Jan-2025 23:52:28
Status: New
Announcement Sub Title: Proposed Acquisition of 50% Shareholding Interest in TT Oil (Singapore) Pte. Ltd.
Announcement Reference: SG250130OTHRE9JS
Submitted By (Co./ Ind. Name): Ng Joo Khin
Designation: Company Secretary
Description (Please provide a detailed description of the event in the box below): Further to the Company's announcement on the Memorandum of Understanding entered into on 19 December 2024 and as supplemented, please find attached an announcement on the signing of a share purchase agreement between the Company and Poly Million Group Pte. Ltd. for the acquisition of a 60% shareholding interest in TT Oil (Singapore) Pte. Ltd. as well as details of the acquisition and related matters.

Total size =195K