H2G Green Limited (SG:5AI) has released an update.
H2G Green Limited has informed shareholders of a recent demand from a vendor for an outstanding Sub-Contracting Entry Fee of S$540,000 related to a subsidiary’s proposed acquisition, which has been promptly settled. The transaction is part of a larger acquisition of TTJ Greenfuel Pte. Ltd. by Green Energy Investment Holding Private Limited, a majority-owned subsidiary of H2G Green. The company is committed to keeping its investors updated on further material developments regarding this matter.
For further insights into SG:5AI stock, check out TipRanks’ Stock Analysis page.
