Aspial Corporation has announced the acquisition of 27 million ordinary shares, representing 90 percent of the issued and paid-up share capital of World Class Global from its subsidiary, World Class Land, for a total consideration of approximately $14.4 million.
The acquisition was part of the group’s restructuring exercise and is funded through internal resources. Subsequent to the acquisition, World Class Global will become a direct subsidiary of the Group.
Contributed by Shares Investment
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