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Imperium Crown proposes to acquire 51% stake in interior design & construction company for $51,000

Felicia Tan
Felicia Tan • 1 min read
Imperium Crown proposes to acquire 51% stake in interior design & construction company for $51,000
The consideration will be funded by internal resources. Photo: Imperium Crown
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Catalist-listed Imperium Crown has proposed to acquire a 51% stake in Winco Construct & Decor, an interior design and construction company, for a consideration of $51,000.

The company had entered into a conditional sale and purchase agreement (SPA) to acquire 51% of the shareholding interest in the issued share capital of a new company, which will be incorporated from the conversion of Winco Construct & Decor, a sole proprietorship, on June 27.

The transaction is a non-disclosable one under the Catalist rules as the relative figures do not exceed 5%.

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