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Starland's reverse takeover of fintech firm Ayondo lapses

PC Lee Published on Mon, Sep 25, 2017 / 10:00 PM GMT+8

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SINGAPORE (Sept 25): The $158 million reverse takeover deal of fintech Ayondo property firm by Starland Holdings has lapsed.

In a Monday night filing, Starland says this was because conditions under the proposed deal have not been met or waived by the long-stop date of Sept 23.

It was on June 20 2016, that Starland entered into the RTO deal with Ayondo.