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Sim Leisure Group acquires remaining 49% stake in 51%-owned subsidiary for $1

Felicia Tan
Felicia Tan • 2 min read
Sim Leisure Group acquires remaining 49% stake in 51%-owned subsidiary for $1
The remaining interest was previously held by Ticket2U. Photo: Sim Leisure Group
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Sim Leisure Group has acquired the remaining 49% stake in its 51%-owned subsidiary, The Cool Melon, for $1.

The remaining interest was previously held by Ticket2U.

The acquisition was said to enable the group to explore and accelerate the development of the business with “other technology experts” after the delay and effect of the Covid-19 pandemic.

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