Acquisitions4 Mar 2026, 03:50 pm
Telge Projects Inc., Subsidiary of Telge Projects Ltd., to Acquire 100% Stake in Edward Farr Architects, Inc. for USD 190,000
AI Summary
Telge Projects Inc., a subsidiary of Telge Projects Ltd., has entered into a Share Purchase Agreement (SPA) on March 03, 2026, to acquire 100% stake in Edward Farr Architects, Inc. (EFA Inc). The completion of the acquisition is subject to satisfaction of certain conditions precedent as specified in the SPA. The agreement was received by the Company on March 04, 2026. Post-acquisition, Telge Projects Inc. will become the ultimate holding company, and EFA Inc. will become a step-down subsidiary of the listed entity. The consideration for the acquisition is USD 190,000.
Key Highlights
- Telge Projects Inc. to acquire 100% stake in Edward Farr Architects, Inc.
- The agreement is valued at USD 190,000.
- Post-acquisition, Telge Projects Inc. will become the ultimate holding company.
- Edward Farr Architects, Inc. will become a step-down subsidiary of the listed entity.
- The completion of the acquisition is subject to satisfaction of certain conditions precedent as specified in the SPA.