SINGAPORE (Feb 27): Lifebrandz says it will continue to explore, to source and discuss on new business transaction ventures with potential parties upon the termination of the proposed acquisition of Natural Essence Group.

Lifebrandz says it will also work with various professionals, service arrangers and business associates for recommendations and referrals to facilitate such business opportunities for the group and update shareholders on any further development.

Meanwhile, the company is planning to raise funds through new placement exercises. On Jan 24, the company announced the proposed right issues of 122.4 million new shares with up to 122.4 million free detachable warrants.

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