Isgec Heavy Engineering’s non-material wholly owned subsidiary -- Isgec Investments Pte, Singapore (Seller) has entered into Sale and Purchase Agreement (SPA) with Triumph Excel (Buyer) on December 09, 2024 to sell its entire shareholding in its wholly owned subsidiary ‘Bioeq Energy Holdings One, Cayman Islands’.
Consequent to the completion of the aforesaid transaction of sale of shares by Isgec Investments Pte. (Seller), Bioeq Energy Holdings One, Cayman Islands; Bioeq Energy Pte., Singapore; Bioeq Energy B.V., Netherlands; Bioeq Energy Holdings Corp., Philippines; Bukid Verde Inc., Philippines; Cavite Biofuels Producers Inc., Philippines; and Penwood Project Land Corp., Philippines (associate company) will cease to be its step-down subsidiaries and associate company.
Isgec Heavy Engineering is a multi-product, multi-location public company that has been providing engineering solutions to customers around the world for the past many years.
