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29 May 2025
H2G Green Extends Long-Stop Date for TTJ Greenfuel Acquisition to June 30, 2025
Summary:
- H2G Green Limited announced an update on its proposed acquisition of 100% of T T J Greenfuel Pte. Ltd.
- The acquisition is being made by Green Energy Investment Holding Private Limited (GEIH), a 50.10%-owned subsidiary of H2G Green Limited.
- This proposed acquisition was initiated via a sale and purchase agreement dated August 15, 2023, with T T J Holdings Limited as the vendor.
- The parties have mutually agreed to extend the long-stop date for the satisfaction of conditions precedent.
- The long-stop date has been extended from May 31, 2025, to June 30, 2025.
- This extension was formalized through a third supplemental agreement dated May 29, 2025.
- All other terms and conditions of the sale and purchase agreement remain unchanged.
- H2G Green Limited will continue to keep shareholders informed of material developments regarding the acquisition.