Annica Holdings Completes Strategic Asset Acquisition in Malaysia
Annica Holdings Limited has completed the acquisition of business assets from GPL Industries Sdn. Bhd. in Malaysia for S$2,650,000. The acquisition, finalized on June 16, 2025, involved issuing 1,766,666,666 shares, raising the total issued shares to 21,027,148,000. The new shares are expected to be listed on the Catalist board of the SGX-ST. Annica Holdings focuses on expanding its portfolio through strategic acquisitions and currently has a market cap of S$19.26M.
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Annica Holdings Limited ( (SG:5AL) ) has issued an announcement.
Annica Holdings Limited has completed the acquisition of business assets from GPL Industries Sdn. Bhd. in Tanjung Malim, Perak, Malaysia, for S$2,650,000. This acquisition was finalized on June 16, 2025, and involved the issuance of 1,766,666,666 shares, increasing the company’s total issued shares to 21,027,148,000, with the new shares expected to be listed on the Catalist board of the SGX-ST.
More about Annica Holdings Limited
Annica Holdings Limited, incorporated in Singapore, operates in the acquisition and management of business assets, focusing on expanding its portfolio through strategic acquisitions.
Current Market Cap: S$19.26M
For an in-depth examination of 5AL stock, go to TipRanks’ Overview page.
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