Don Agro International Limited: Corrigendum on Proposed Acquisitions – Investor Update
Don Agro International Limited Issues Corrigendum to Update on Proposed Acquisitions
Key Highlights
- Correction Issued: Don Agro International Limited (“the Company”) has released a corrigendum to its earlier announcement dated 12 November 2025 regarding the proposed acquisitions of 812 Capital LLC and Center for Innovative Medical Technologies, LLC (CIMT) by its wholly owned subsidiary, JSC Tetra.
- Reference Errors Corrected: The Company’s Board identified and clarified inadvertent referencing errors in paragraphs 1.3 and 2.4 of the original announcement.
- Supplemental Agreements: On 11 November 2025, JSC Tetra entered into supplemental agreements with the vendors to amend the terms of several acquisition agreements:
- Balance Stake Preliminary Agreement
- CIMT Stake Preliminary Agreement
- Minority Stake Agreement
- Options Agreements
- Acquisition Terms Updated: The terms of the above agreements have been amended as per the supplemental agreements. All other terms, including conditions precedent and consideration for the target group, remain unchanged.
- Board Confirmation: The Board emphasized that, except for the corrections noted, all other information in the original announcement remains unchanged.
Details Investors Should Note
- Potential Price Sensitive Information:
- The execution of supplemental agreements to amend acquisition terms could affect the timeline, structure, and final consideration for the acquisitions.
- Any changes in terms or conditions of acquisition agreements may influence the Company’s strategic direction and future earnings, which could impact share valuation.
- The clarification that all other terms remain in force provides certainty to investors regarding the status and future execution of the acquisitions.
- Shareholder Impact:
- Shareholders should monitor further disclosures related to these acquisitions, as any material changes could affect the financial performance and expansion plans of Don Agro International Limited.
- The acquisitions represent a significant step in the Company’s investment strategy, potentially increasing its exposure to new sectors and geographies through the subsidiaries involved.
- Regulatory Note:
- The announcement has been reviewed by the Company’s sponsor, PrimePartners Corporate Finance Pte. Ltd., but has not been examined or approved by the Singapore Exchange. The Exchange assumes no responsibility for the contents, correctness of statements, or opinions made in the announcement.
Conclusion
The corrigendum issued by Don Agro International Limited is an important update on its proposed acquisitions, correcting prior referencing errors and clarifying the status of the supplemental agreements signed. Investors should closely monitor the Company’s future announcements for any further changes to the acquisition terms, as these corporate actions may have a material impact on the Company’s value and strategic outlook.
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Investors should conduct their own due diligence and consult with professional advisers before making investment decisions. The Singapore Exchange has not examined or approved the contents of this announcement and assumes no responsibility for their accuracy.
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