The separate share purchase agreements (SPAs) with shareholders Cathay Venture Inc and Taiwan Cooperative Venture Capital Corporation will result in Acer’s total deemed interest in the company increasing to 59.59%.
Acer SoftCapital Incorporated, a wholly-owned subsidiary of the Winking Studio’s controlling shareholder Acer Incorporated, has agreed to acquire a total of 18,730,476 shares in Winking Studios (SGX:WKS
) for a total consideration of $3.7 million.
