Autagco agrees to buy Malaysia’s Edge Green Energy for S$603,500
Reuters2026/07/30 10:28Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Autagco agreed to buy Malaysia-based Edge Green Energy, taking 100% ownership on completion.
- Deal consideration set at S$ 603,500, split between S$ 476,000 cash and 25,500,000 new shares at S$ 0.005 each.
- Vendor may receive additional cash earn-outs over five years if audited NPAT meets a S$ 250,000 minimum threshold each year.
- Edge Green provides mechanical and electrical services focused on medical and general infrastructure projects.
- Target posted net profit of RM 334,000 for the year ended June 30, 2025; net tangible assets of about RM 1.91 million.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Autagco Ltd. published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: SJBKEBMDP866VXRG) on July 30, 2026, and is solely responsible for the information contained therein.
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