TVS Motor (Singapore) acquires balance 8.26% stake in The GO Corporation, Switzerland

Industry:    1 month ago

TVS Motor (Singapore) (TVSM Singapore), the wholly owned subsidiary of TVS Motor Company, has today completed the acquisition of additional 8.26% of the share capital of The GO Corporation (GOAG), Switzerland from its existing shareholder for a total consideration of CHF 500,000.

Pursuant to the aforesaid acquisition, TVSM Singapore’s holding in GOAG has increased to 100% and consequently has become a wholly owned subsidiary of TVSM Singapore and the Company.

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