Infrastructure Pte. Ltd. agreed to acquire remaining 27.16% stake in Moya Holdings Asia Limited (Catalist:5WE) for approximately SGD 110 million on September 14, 2022. Tamaris Infrastructure Pte.

Ltd. has obtained financing from OCBC Bank. Transaction has been approved by Moya Holdings shareholders. As of November 21, 2022, the transaction has become unconditional.

The transaction is expected to close on December 5, 2022.Oversea-Chinese Banking Corporation Limited acted as financial advisor to Tamaris Infrastructure Pte. Ltd. SAC Capital Private Limited acted as financial advisor to Moya Holdings Asia Limited.