The Business Times
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Value, cost of target assets in TSH reverse takeover raised to S$19.4m

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Published Fri, Nov 23, 2018 · 09:50 PM

Singapore

THE consideration for assets being injected into TSH Corp through a reverse takeover has been raised to S$19.4 million following an independent valuation, the company announced in filings with the Singapore Exchange early on Friday.

The sellers of those assets have also agreed to waive about S$1.45 million of shareholder' loans to complete the deal.

TSH Corp

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