Share transaction in relation to the acquisition of the entire issued share capital of the target company involving the issue of consideration shares under the general mandate

Summary by 6ix AI

Vobile Group Ltd. has announced a share transaction regarding the acquisition of the entire issued share capital of a target company, which involves issuing consideration shares under a general mandate. The acquisition will be satisfied by the allotment and issue of a specified number of consideration shares at a defined issue price. The valuation of the target company was conducted by an independent valuer, who assessed its market value based on comparable public companies. The board believes the valuation reflects a fair and reasonable measure of the target company's value.

Written by 6ix AI from the company’s filing. How 6ix writes summaries