Intraco (SGX:I06) is set to complete the disposal of its fire protection business after its proposed capital reduction was approved by the court, according to a filing with the Singapore Exchange on Wednesday.
In a filing from May 2024, the company had entered into a conditional share sale and purchase agreement with TH Investments, Macondray Holdings and Soh Ying Sin to sell its wholly owned subsidiary, KA Group for SG$6.9 million.
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