Natural Cool Holdings (SGX:5IF) subsidiary Natural Cool Airconditioning & Engineering has acquired the remaining 25% stake in Natural Cool Aircon Distribution for SG$1, according to a Monday filing with the Singapore Exchange.
The transaction gives the engineering unit 100% full ownership of the target entity that is currently dormant.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments