As a condition for the sale of the company, Lee will acquire a 20% stake in BOS Engineering from BH Global at $100,002, based on BH Global’s original cost.
BH Global Corporation has, through its subsidiary BOS Engineering International, entered into a sale and purchase agreement (SPA) to fully acquire Sea Forrest Engineering for a consideration of $669,119.
The agreement was entered with Lee Sze Min, the founder and sole shareholder of Sea Forrest.
