Ang Kong Meng made an offer to acquire 56.809565% stake in Datapulse Technology Limited (SGX:BKW) for SGD12.6 million on August 11, 2023. SAC CAPITAL PRIVATE LIMITED acted as financial advisor to Ang Kong Meng. Acceptances of the Offer must be received by October 3, 2023.

The Offeror does not intend to extend the Offer beyond the Closing Date or to revise the terms of the Offer. Transaction is expected to close on October 3, 2023. as of the announcement dated September 29, 2023 in relation to, inter alia, the Offer and Warrants Proposal being declared unconditional.