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Bapcor Announces to Acquire 25% of Tye Soon

22 Mar 2021  |  08:29:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Bapcor to acquire 25% of Tye Soon Limited

Bapcor announced that it has signed agreements to acquire 25% of the issued equity of Tye Soon. Completion is expected to take place in April 2021. It will invest SGD12.5m for the 25% stake in Tye Soon and will nominate directors for the Tye Soon Board.

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