electronicsbusinessunit
- UPC Electronics Pte. Ltd. to acquire remaining 86% stake in Accrelist subsidiary, Jubilee's Electronics Business Unit (EBU).- Upon completion of the disposals of all shareholdings in Jubilee's EBU, The Group's Net Tangible Assets (NTA) per share will increase to S$0.1783, reflecting Accrelist's deep value relative to its volume weighted average price of S$0.0476 (as at 21 March 2023). SINGAPORE, Mar 23, 2023 - (ACN Newswire) - Accrelist Ltd.'s 53.31%-owned subsidiary, Jubilee Industries Holdings Ltd, has entered into a Sales and Purchase Agreement (SPA) with UPC Electronics Pte. Ltd. (the "P...
ACN Newswire
- UPC Electronics Pte. Ltd. to acquire remaining 86% in Jubilee's Electronics Business Unit (EBU).- The Consideration of US$15.9m (S$21.4m) exceeds Jubilee's current market cap of S$17.6m (21 March 2023), reflecting the deep value to be unlocked through the Proposed Disposal.- Upon completion of the disposal in Jubilee's EBU, Group Net Tangible Assets (NTA) per share will increase to S$0.1830, reflecting Jubilee's deep value relative to its volume weighted av. price of S$0.056 (21 March 2023). SINGAPORE, Mar 23, 2023 - (ACN Newswire) - Catalist-listed Jubilee Industries Holdings Ltd has entere...
ACN Newswire
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