Advancer Global Enters Definitive Agreement to Dispose Off Stake in G3 Environmental

MT Newswires

Oct 17, 2024

Advancer Global (SGX:43Q) and related parties have entered into a definitive sale and purchase agreement for the sale of 100% stake in G3 Environmental, according to a filing with the Singapore Exchange on Wednesday.

The company's wholly owned subsidiary, Advancer Global Facility, together with British Virgin Islands-incorporated Kenmoore Mezzanine Investments, and TEE International (SGX:M1Z) unit Tee Infrastructure, had accepted a binding offer from Re Sustainability in August this year to sell 100% stake in G3 Environmental for around SG$22.0 million.

Advancer Global Facility holds a 20.10% stake in G3 Environmental, which is involved in waste collection and recycling of metal waste and scrap. Kenmoore holds a 29.80%, while the remaining 50.10% is held by Tee Infrastructure.

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Kenmoore holds a 29.80%, while the remaining 50.10% is held by Tee Infrastructure.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK6054","symbol_name":"综合支持服务","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2476815927","we_media_id":"1060499803","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2476815927","pubTimestamp":1729139830,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"MT Newswires","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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