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Singapore-sponsored 8i enters into share exchange agreement with Diginex

Genevieve Cua
Published Wed, Jul 10, 2019 · 09:50 PM

Singapore

8i Enterprises Acquisition Corp, the first Singapore-sponsored "blank cheque" company listed on Nasdaq, has entered into a share exchange agreement with a Hong Kong-based global blockchain financial services and technology company, Diginex Ltd.

Upon completion of the transaction, Diginex is expected to have an initial enterprise value of about US$276 million.

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