Acquisitions30 Oct 2025, 12:46 pm
TCI Express to Acquire 100% Shares of TCI Global Singapore
AI Summary
TCI Express Ltd has approved the acquisition of 100% equity shares of TCI Global (Singapore) Pte. Ltd. by TCI Express Pte. Ltd. The transaction is expected to expand TCI Express' presence in the Singapore region and is at arm's length. The acquisition is to be completed after necessary approvals with cash consideration.
Key Highlights
- TCI Express to acquire 100% shares of TCI Global Singapore
- Transaction aimed at expanding TCI Express' presence in Singapore
- Acquisition is at arm's length
- To be completed after necessary approvals
- Cash consideration for the acquisition