Back 19 Jun 2025

Zico approached for 'potential transaction' involving shares of 'certain' subsidiaries

Link: https://links.sgx.com/1.0.0/corporate-announcements/XBQHHGW4BSZNIINZ/1e20eb4a632446248a9ba1f53d65a0eff8cef4b026e4ff704b100e87863f68ce

Summary:

  • ZICO Holdings has been approached regarding a possible transaction involving shares of certain subsidiaries.

  • No definitive deal has been made yet; discussions are still preliminary.

  • The company emphasized that there is no certainty that the potential transaction will proceed.

  • Shareholders are advised to exercise caution when trading shares.

  • Further announcements will be made if and when material developments occur.

  • The announcement has been reviewed by the company’s sponsor, Novus Corporate Finance.