SUBSCRIBERS
Artivision to sell video digital advertising unit for S$50m
Published Thu, Dec 15, 2016 · 09:50 PM
Singapore
CATALIST-LISTED Artivision Technologies said that it has entered into a non-binding agreement to sell Artimedia, its media solutions subsidiary involved in the video digital advertising business, for S$50 million in cash.
The term sheet that it entered into is not legally binding. There will be an exclusivity period of three months for negotiations.
Copyright SPH Media. All rights reserved.
