C2O Holdings Ltd agreed to acquire Green Aces Development Pte Ltd from Ace Dynamics Ltd
April 18, 2007 - Singapore, Singapore — C2O Holdings Ltd entered into a binding memorandum of understanding to acquire Green Aces Development Pte Ltd from Ace Dynamics Ltd for about SGD188.2 million (US$124.3 million) in shares. Green Aces Development engages in real estate property development and construction. As consideration, C2O Holdings will issue 200 million shares.
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