AsiaPhos to cooperate in investment or acquisition of renewable energy business

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AsiaPhos to cooperate in investment or acquisition of renewable energy business

StarLuck
2023-04-14

$ASIAPHOS LIMITED(5WV.SI)$ AsiaPhos says it is exploring “potential transactions” that may involve investing in or acquiring a renewable energy business. The potential transaction will allow it to diversify into new businesses or growth areas as well as supplement the group’s existing businesses, says the company in its April 13 statement.

At present, the transactions have not materialised, with the company currently in discussions and negotiations with a third party.

More updates will be made in due course, says AsiaPhos. At present, no definitive agreements have been executed yet, it adds.

Shares in $ASIAPHOS LIMITED(5WV.SI)$ AsiaPhos closed flat at 0.9 cent on April 13.

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MojoStellar
·2023-04-14
thanks for sharing
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boonhong21
·2023-04-14
Ok
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CCX888
·2023-04-14
good
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FCY13
·2023-04-14
good
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YinFoo
·2023-04-14
good
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blackblack1
·2023-04-14
ok
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YKooi
·2023-04-14
good
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Lee SL
·2023-04-14
good
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AppleSeed
·2023-04-14
👍🏻
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sfleong1
·2023-04-14
like
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Williamw
·2023-04-14
Ok
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iuhnaij
·2023-04-14
👍🏻
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JL28168
·2023-04-14
o
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AL77
·2023-04-14
ok
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The potential transaction will allow it to diversify into new businesses or growth areas as well as supplement the group’s existing businesses, says the company in its April 13 statement.\nAt present, the transactions have not materialised, with the company currently in discussions and negotiations with a third party.\nMore updates will be made in due course, says AsiaPhos. 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