Reclaims Global (SGX:NEX) finalized the purchase of a freehold commercial property, by adjusting the initial value from SG$38 million to SG$35.1 million, according to a Friday filing with the Singapore Exchange.
Shares of the integrated services provider were down over 4% in Monday trading.
A separate agreement was also made to assign a shareholder loan of around SG$3.5 million, in order to free the target from debt and encumbrances as of the completion date.
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