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30 Dec 2025
EuroSports Global Lifts Stake in Prosper Auto to 80% via S$1.8 Million Share-Swap Deal
Summary:
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EuroSports Global Limited has completed the acquisition of 145,029 ordinary shares in Prosper Auto Pte. Ltd. from Eden Capital Pte. Ltd. at S$12.41 per share, for total consideration of S$1.8 million
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The consideration was fully satisfied through the transfer of 10,000,000 treasury shares of EuroSports Global at S$0.18 per share, with no cash outlay by the company
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Following completion of the transaction on 30 December 2025, EuroSports Global’s equity interest in Prosper Auto has increased to 80%, consolidating greater control over the subsidiary
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The announcement is signed by Executive Chairman and CEO Goh Kim San and Executive Director and Deputy CEO Goh Kim Hup, and has been reviewed by sponsor RHT Capital Pte. Ltd