RE: OK! So this is the week then!12 Feb 2024 10:08
The Company has entered into the Agreement to acquire 66.67% of the issued share capital of Semnet from two of Semnet's directors, Choo Seet Ee and Zheng Kang Wen Mervyn (together the "Sellers"), for a total consideration of US$1.8 million in cash and new shares of no par value in the Company ("Ordinary Shares"). Completion of the Acquisition ("Completion") is subject, inter alia, to the agreement of a completion assets statement, which may require adjustment of the consideration upwards or downwards, and no material adverse change having occurred in the Semnet business. Completion is expected to occur two months following the entering into of the Agreement, or earlier as may be agreed between the parties. can't be much longer 2 months is up.