GS Holdings Ltd. (Singapore) (SG:43A) has released an update.
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GS Holdings Ltd. is planning to acquire Octopus Distribution Networks Pte. Ltd. for $11.8 million, and has disclosed necessary financial information in compliance with SGX-ST rules. The company engaged third-party professionals for due diligence, ensuring a thorough review of commercial, legal, and financial aspects. This strategic acquisition is guided by Evolve Capital Advisory Private Limited and legal advisors to aid in informed decision-making at the upcoming EGM.
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