SGX-listed Lereno Bio-Chem to acquire 51% in HTwo Education Holdings

SGX-listed Lereno Bio-Chem to acquire 51% in HTwo Education Holdings

Visual from the website of HTwo Education Holdings

Singapore-listed firm Lereno Bio-Chem Ltd Tuesday said it plans to acquire a controlling stake – 51 per cent – in local education company HTwo Education Holdings Pte – in a cash-and-scrip deal worth S$20.4 million. It will buy this stake from two unrelated existing shareholders who currently have 71 per cent of the share capital of HTwo.

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