AEM gets in-principle from SGX for the listing and quotation of shares in connection with DB Design acquisition

Felicia Tan
Felicia Tan9/2/2020 02:15 PM GMT+08  • 1 min read
AEM gets in-principle from SGX for the listing and quotation of shares in connection with DB Design acquisition
As at 2.14pm, shares in AEM were trading 8 cents higher, or 2.0% up at $4.16.
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AEM Holdings has received approval-in-principle from the Singapore Exchange for the listing and quotation of 262,960 new ordinary shares to be issued at $3.17 per consideration share in connection with the acquisition of DB Design.


See: AEM holdings acquires DB Design Group for US$3.3 mil

The consideration shares will be issued following the general mandate obtained by AEM Holdings at its annual general meeting (AGM) held on May 21.

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