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ISOTeam to buy construction management firms for S$24m

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Ng Ren Jye

Published Wed, Jul 24, 2019 · 09:50 PM

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Singapore

CATALIST-LISTED ISOTeam will buy Coney International's entire stake in Pure Group, comprising six construction management firms, for S$24 million in cash and shares.

The conditional sale and purchase agreement (SPA) with Coney International and Peter Dodson Coney will be funded by 50 per cent cash and 50 per cent ISOTeam shares.

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