According to Hafary (SGX:5VS
) , the proposed acquisition represents an opportunity to increase its stake in WFH at a favourable price. WFH's principal asset is the leasehold interest of the property located at 18 Sungei Kadut Street 2.
Hafary Holdings (SGX:5VS) has announced the proposed acquisition of the remaining 19.0% issued share capital of subsidiary World Furnishing Hub (WFH) for $4.5 million.
On Jan 17, the company announced that its wholly-owned subsidiary had entered into a sale and purchase agreement with non-executive director and controlling shareholder Low See Ching for the purchase of the target shares.
