Home News Company in the news

Ntegrator to take control of Arion Entertainment for $3 mil following shareholders' sale

The Edge Singapore
The Edge Singapore4/13/2022 10:26 PM GMT+08  • 2 min read
Ntegrator to take control of Arion Entertainment for $3 mil following shareholders' sale
Arion's executive director Ng will stay on "immediately after" the deal closes / Samuel Isaac Chua
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

Control of Arion Entertainment Singapore, an investment holdings company with its main interest in publishing magazines, is poised to change for $3 million.

On April 13, the company announced that a trio of existing shareholders, including executive director Ng Kai Man (picture), are selling their combined stake of 27.44% to another listed company, Ntegrator International.

Under terms of the sale and purchase agreement, Ng and two other shareholders, Ivy Chan Shui Sheung and Lee Chun Ming will sell a total of 256.3 million shares at 1.17 cents each.

For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.
Unlock unlimited access to premium articles with less than $9 per month. Subscribe Now