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Annica Holdings Extends Conditional Period for Malaysian Asset Acquisition

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Annica Holdings Extends Conditional Period for Malaysian Asset Acquisition

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An update from Annica Holdings Limited ( (SG:5AL) ) is now available.

Annica Holdings Limited has announced an extension of the conditional period for its proposed acquisition of business assets from GPL Industries Sdn. Bhd. in Tanjung Malim, Perak, Malaysia. The extension is due to a delay in receiving the necessary Listing and Quotation Notice from the Singapore Exchange Securities Trading Limited. The conditional period has been extended by two months, now expiring on August 6, 2025, while all other terms of the agreement remain unchanged. This acquisition is a strategic move to bolster Annica’s asset portfolio and strengthen its market position in the region.

More about Annica Holdings Limited

Annica Holdings Limited, incorporated in Singapore, operates in the asset acquisition sector, focusing on strategic purchases to enhance its portfolio. The company is actively involved in expanding its market presence through acquisitions, particularly in the Southeast Asian region.

Current Market Cap: S$19.26M

For detailed information about 5AL stock, go to TipRanks’ Stock Analysis page.

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