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DTP Inter Holdings completes RTO of 3Cnergy, to trade as ProsperCap from Jan 26

The Edge Singapore
The Edge Singapore • 2 min read
DTP Inter Holdings completes RTO of 3Cnergy, to trade as ProsperCap from Jan 26
CEO and executive director of ProsperCap Iqbal Jumabhoy / Photo: ProsperCap
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DTP Inter Holdings Corporation has completed the reverse takeover of 3Cnergy (SGX:502) , morphing into a company that owns 17 hotels in the UK.

The new entity will commence trading as ProsperCap on Jan 26.

To fund the RTO, 3Cnergy has issued 1.3 billion shares at the issue price of 33 cents to DTP Inter Holdings, a unit of Thailand-based conglomerate DTGO Corp.

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