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Sincap Group Announces Proposed Acquisition of Skylink APAC

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Sincap Group Announces Proposed Acquisition of Skylink APAC

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Sincap Group Ltd. ( (SG:XZB) ) has issued an update.

Sincap Group Limited, a company incorporated in Singapore, has announced its proposed acquisition of the entire issued and paid-up share capital of Skylink APAC Pte. Ltd. The company has lodged a circular with the SGX-ST containing details of the acquisition and has issued notices for an extraordinary general meeting to seek shareholder approval. Additionally, Sincap Group has received a waiver from compliance with certain Catalist rules and an extension of time until October 2025 to meet new listing requirements and submit a resumption of trading proposal.

More about Sincap Group Ltd.

Technical Sentiment Signal: Sell

Current Market Cap: S$8.51M

Find detailed analytics on XZB stock on TipRanks’ Stock Analysis page.

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