Accrelist calls off deal with blockchain service provider

Janice Heng

Janice Heng

Published Wed, Dec 12, 2018 · 09:50 PM

Singapore

CATALIST-LISTED corporate accretion services provider Accrelist has called off its proposed acquisition of an aggregate 10 per cent stake in blockchain service provider AmazingTech Pte Ltd, it announced on Tuesday night. Accrelist shares closed unchanged at 0.4 Singapore cent on Wednesday.

On May 30, 2018, Accrelist had announced the signing of sale and purchase agreements (SPA) with AmazingTech shareholders and a subscription agreement with AmazingTech.