SINGAPORE: PropNex Limited’s wholly-owned subsidiary, PropNex Grandeur Homes has entered into a share sale and purchase agreement with, amongst others,TB6 Pte. Ltd. and Rapzo Capital Pte. Ltd. to acquire70% of the issued and paid-up capital of Ovvy Pte. Ltd. The consideration payable by PropNex will be S$1.0 million, of which 35% will be paid to…
Tag: online platform
Jumbo Interactive to power Lotterywest’s online platform
PERTH: Jumbo Interactive Limited’s subsidiary TMS Global Services has signed a binding Term Sheet with Lotterywest, the WA state government-owned and operated lottery of Western Australia, to negotiate and enter into a detailed Agreement to provide its online software platform and services for up to the next 10 years. Jumbo will provide a “Powered by…
Juwai IQI and Maymar sign MoU for development of real estate sector in Pakistan
HONG KONG: Juwai IQI Holdings and Maymar Housing Services have signed a memorandum of understanding (MoU) to collaborate on a potential joint venture to bring the Juwai and IQI brands and real estate platforms to the Pakistani market. Juwai IQI also grants Maymar the exclusive right to use the Juwai and IQI brands and represent…
CML Group acquiring Skippr Invoice Finance to enhance technology capability
PERTH: CML Group Limited has entered into a binding agreement to purchase 100% of the shares in Skippr Invoice Finance for an initial payment of $2.25m via a mix of cash and scrip at CML’s election. A maximium transaction price of $6.5m is payable if all earn-out hurdles (a substantial multiple of current funding volumes)…