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Article: First Corporation Announces Agreement to Acquire 100% of Acquma Holdings Limited, Share Exchange and Merger Pending.
- Article from:
- Mergers & Acquisitions Week
- Article date:
- November 4, 2009
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First Corporation (OTCBB:FSTC) announces it has signed an agreement to acquire 100% of Acquma Holdings Limited. This marks a significant change from the previous Agreement between the two companies on July 6, 2009 whereby First Corporation (First Corp.) was to acquire only 10% of Acquma. The entire issued share capital of Acquma is to be acquired through a share exchange with First Corp.
Acquma Holdings Limited is a privately held British Virgin Islands registered firm engaged in identifying and investing in new and developing companies that Acquma believes show promising growth prospects. www.acquma.net Currently, Acquma holds 18.30% of Tramigo Ltd. Tramigo ...