SHS Holdings Enters into Amendment Letter for Acquisition of Guangxi Tidal Precision Technology

MT Newswires

2024/12/31

SHS Holdings (SGX:566) entered into an amendment letter with warrantors with regards to a 100% acquisition of interests of Guangxi Tidal Precision Technology, according to a filing with the Singapore Exchange on Monday.

Under the amendment letter, the definition of long stop date has been replaced with April 30, 2025.

In an earlier filing, the company had entered into a sale and purchase agreement with Nanning Tidal Investment and Synertech Group for the acquisition of 100% of the equity interests of Guangxi Tidal Precision Technology and Nanning Tidal Aluminium for an aggregate consideration of 205.3 million yuan.

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