The Place Holdings (SGX:E27) entered into a supplemental agreement with shareholders to extend the payment deadline for the second tranche of a subscription consideration to within 24 months of the date of execution of the agreement, according to a filing with the Singapore Exchange on Wednesday.
Under the previous agreement, the issue price of the subscription shares subscribed by Meta Place and Stellar Experience was SG$10.0 million.
Meta Place was liable to pay SG$7.0 million in cash in two equal tranches while Stellar Experience was liable to pay SG$3.0 million in two equal tranches.
Meta Place and Stellar Experience had entered into a joint venture and shareholders agreement on May 29, 2023, by incorporating a JV company in Singapore to establish a digital media solutions company.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。