Autagco's (SGX:1D3) wholly owned subsidiary, Communa Gold, is set to acquire the entire business and assets of Crescendo Wellness Living for SG$50,000, after entering into a sale and purchase agreement, according to a filing with the Singapore Exchange on Monday.
The company had earlier entered into a non-binding term sheet with Vimallan Manokara to purchase the business assets of the assisted living company.
Vimallan had also entered into a subscription agreement for the subscription of 8,333,333 shares in the capital of the company for a subscription price of SG$0.003 per share.
The acquisition is part of the group's strategy to enter into the assisted living sector and diversify its business and income stream.
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。