The Mineral Company (IGEX) Announces ST ANDREWS Acquisition [Yahoo! Finance]
INDO GLOBAL EXCH PTE LTD (IGEX)
NASDAQ:AMEX Investor Relations:
otcmarkets.com/stock/igex/profile
Company Research
Source: Yahoo! Finance
Following several months of due diligence and negotiations, on March 18, 2024, the Company ( IGEX ) executed all necessary agreements and acquired 25% of the corporate membership of ST ANDREWS. The acquired stake is worth approximately US $8.16 million. The acquisition was acquired at a discounted price of $6 million. ST ANDREWS brings together several companies dedicated to sustainable marine aquaculture and the exploitation of marine resources, as well as farming fingerlings of different species: sea bream, sea bass, turbot, sole, oyster, and clam. ST ANDREWS is a holding company that acts as a direct shareholder of several entities in the sustainable aquaculture and fish industry, including hatcheries of marine species, innovation of new species, and high-quality ecological and gourmet marine products. ST ANDREWS has an innovative and entrepreneurial vocation in products of marine origin. ST ANDREWS combines more than 50 years of experience in marine aquaculture and hopes to grow
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