The vendors, which include Tay Eng Hoe, Tan Hup Foi and John Tan Yik Ann, are the current legal and beneficial owners of Orita Sinclair.
GHY Culture & Media says its wholly-owned subsidiary, GHY Culture & Media (Singapore), has entered into a sale and purchase agreement for the acquisition of a 95% stake in Orita Sinclair School of Design and Music (Orita Sinclair).
Under the agreement, the shares have a purchase consideration of $3,040,000.
