Alpha Energy proposes S$20m fundraising for its foray into education
Add BT as a preferred source
Vivienne Tay
Singapore
ALPHA Energy is proposing a S$20 million fundraising as it tries to diversify from oil into the education business, it said on Wednesday.
The Catalist-listed oil company on Tuesday entered into a conditional sale-and-purchase agreement with Kydon Holdings for the proposed acquisition of Kydon Learning Systems Institute (KLSI) - a Singapore-based education technology business - for S$12 million in cash and stock.
TRENDING NOW
Ohmyhome Ltd sells real estate business for token US$1 due to poor business and continued losses
Malaysian tycoon Vincent Tan’s sell-downs point to pruning rather than an exit plan
Buyer for England striker Harry Kane’s former mansion must pay £3.4 million after abandoning deal
EU and Asean at 50: time for bold action
