Asiasons scraps sale and purchase agreement with AEL

It was set to acquire 10.72% of EMS Holdings.

Mainboard-listed Asiasons Capital today stated that it is terminating the Sale and Purchase Agreement (SPA) that it has entered with Arts & Entertainment Investment with regard to the acquisition of 10.72%of the issued share capital of EMS Holdings.

Asiasons announced that the SPA was terminated that due to AIL’s inability to obtain the necessary consents and approvals from the relevant third parties in connection with the entry into and completion of the SPA within the stipulated time frame.

As such, AIL and AEL have mutually agreed to terminate the SPA and release one another from their respective obligations under the SPA with effect from 13 October 2014

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.

If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia