Back
30 May 2025
Intraco Limited Finalizes Sale of Passive Fire Protection Business
Summary:
-
Completion of Disposal: Intraco Limited has finalized the sale of its Passive Fire Protection Business, with the transaction completed on 30 May 2025.
-
Fulfillment of Conditions: All conditions precedent outlined in the company's previous announcements and circulars have been satisfied, allowing the disposal to proceed as planned.
-
Change in Subsidiary Status: Following the completion of the sale, the K.A. Group, including KAGHPL and its subsidiaries, are no longer subsidiaries of Intraco Limited.
-
Strategic Focus: This divestment aligns with Intraco's strategic initiative to streamline its operations and concentrate on its core business areas.