Annica Holdings Completes Strategic Asset Acquisition in Malaysia

Tip Ranks
2025.06.17 12:42
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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.