Ellipsiz's (SGX:BIX) wholly owned subsidiary, E Golfing, entered into a collaborative agreement with UPlay Ventures for the development and operations of indoor golf simulation centers across Singapore, according to a filing with the Singapore Exchange on Friday.
Under the agreement, E Golfing will invest around SG$5.0 million for the renovation and fitting out of simulation centers while maintaining operations of the facilities.
Meanwhile, Uplay will procure leases of the centers and provide management and advisory services.
The move comes in as E Golfing looks to fill a gap in the Singapore market for demand of golfing.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。