ZICO to acquire $2.4m in corporate secretarial files from Stamford Law
A joint venture has been formed for the acquisition.
Seamless corporate secretarial services for clients are the expected result of the acquisition.
According to a media release, ZICO Holdings Inc. and Stamford Law Corporation announced today that a Joint Venture Company will be established to manage and hold the title, right and interest in corporate secretarial files to be acquired from Stamford Law by ZICO.
The JVC to be established will be 51% owned by ZICO and 49% owned by Stamford Law while the total cash consideration for the Proposed Acquisition of the Portfolio is approximately S$2.4 million.