Tan Jit Meng, Soh and Tan Chee Khoon are the directors of Lincotrade & Associates and own 40%, 40% and 20% of shares in Lincotrade respectively.
Fabchem China has announced a $25 million reverse takeover (RTO) of Lincotrade & Associates, a Singapore-based provider of interior design, renovation, carpentry and joinery services.
The company, on April 22, entered into a sale and purchase agreement (SPA) with Tan Jit Meng, Soh Loong Chow Jackie and Tan Chee Khoon (known collectively as vendors), where it will acquire all the shares in Lincotrade & Associates for a consideration of $25.0 million.
