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Asia-Pacific Strategic Investments Limited ( (SG:5RA) ) has issued an update.
Asia-Pacific Strategic Investments Limited announced that negotiations for acquiring an exclusive casino license and setting up a bank in Timor-Leste have ceased, as the parties could not agree on the terms. Consequently, the related agreements and a proposed issuance of convertible bonds have lapsed. The company plans to explore alternative opportunities and will update stakeholders on any significant developments.
More about Asia-Pacific Strategic Investments Limited
Asia-Pacific Strategic Investments Limited is a company incorporated in Singapore, focusing on strategic investments across various sectors. The company engages in acquiring licenses and setting up operations in diverse industries, including gaming and banking.
Current Market Cap: S$17.83M
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