Sakae Holdings Proposes to Acquire Pastry Supplier Cooking Art Industries for S$741000

NewTimeSpace News, April 2,Singapore Exchange (SGX) announced that Apex-Pal Investment Pte. Ltd., a wholly-owned subsidiary of Sakae Holdings Ltd., has signed an agreement with the vendors to acquire 100% of the entire equity interest in Cooking Art Industries Pte Ltd. for a total cash consideration of S$741000.

NewTimeSpace News:April 2, 2026,Sakae Holdings announced that its wholly-owned subsidiary Apex-Pal Investment Pte. Ltd. has entered into a sale and purchase agreement with three vendors, including David Sim Seow Kee, to acquire all issued shares of Cooking Art Industries Pte Ltd. for S$741000.

Sakae Holdings stated that the acquisition will help the Group expand its product portfolio, further penetrate the dessert and related industries, and drive additional revenue streams.

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