Alset Capital Acquisition Corp - Ordinary Shares - Class A

NASDAQ:ACAX  
9.87
-0.01 (-0.10%)
Divestitures / Spin-offs, Other Pre-Announcement, Mergers / Acquisitions

Alset International Announces Proposed Disposal Of HWH International Inc

Published: 09/12/2022 12:38 GMT
Alset Capital Acquisition Corp - Ordinary Shares - Class A (ACAX) - On 9 Sept, Through Unit, Entered Merger Agreement With Alset Capital Acquisition Corp & Hwh Merger Sub, Inc.agreement in Relation to Proposed Disposal of Hwh International Inc.consideration of Us$125 Million.
Sees a Gain on Disposal of About S$54.5 Million.
Consideration to Be Satisfied by Allotment & Issuance of 12.5 Mln Common Shares of Acac to Co.