OxPay Financial (SGX:TVV) said that it has signed a fourth letter of extension to further extend the exclusivity period until July 31 for the proposed investment in PT Diners, according to a filing with the Singapore Exchange on Friday.
The extension allows the investor to perform further due diligence and negotiate definitive agreements for the proposed investment.
The company had earlier entered into a non-binding summary of key terms with PT Diners Payment on Nov. 9, 2023.
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