Raffles Emi Pte. Ltd. entered into a sale and purchase agreement to acquire remaining 51% stake in Raffles Neobank Solutions Pte. Ltd. from Forise International Limited (SGX:8A1) for SGD 0.001353 million on November 7, 2022. The Consideration shall be satisfied wholly in cash at completion.

Raffles Emi Pte. Ltd completed the acquisition of remaining 51% stake in Raffles Neobank Solutions Pte. Ltd. from Forise International Limited (SGX:8A1) on November 22, 2022