OxPay Financial Limited (SG:TVV) has released an update.
OxPay Financial Limited has announced an extension of the exclusivity period for the proposed investment in PT Diners Payment Indonesia until 31 August 2024, allowing additional time for due diligence and negotiation of definitive agreements. The terms of the initial Term Sheet remain unchanged, and the completion of the proposed investment is still uncertain as the Term Sheet is not legally binding. Shareholders and potential investors are advised to exercise caution and seek professional advice when dealing with the company’s shares.
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