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News: WWG Wiseway Group Announces Strategic Investment In SEAIR International

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    17/11/22
    18:20
    Post #: 64839742

    Nov 17 (Reuters) - Wiseway Group Ltd (WWG) :

    • STRATEGIC INVESTMENT IN SEAIR INTERNATIONAL
    • REACHED AGREEMENT VIA UNIT TO BECOME MAJORITY SHAREHOLDER IN SOUTHEAST ASIAN AIRLINES (SEAIR) INTERNATIONAL
    • UNIT TO SUBSCRIBE FOR A 51% MAJORITY OWNERSHIP STAKE IN SEAIR FOR A TOTAL PURCHASE CONSIDERATION OF US$3.1 MILLION
    • POSITIVE EARNING ACCRETION EXPECTED FROM FIRST FULL YEAR OF OPERATIONS
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