Fatfish Group Simplifies Structure Through Abelco Asset Restructuring
Fatfish Group Limited (ASX: FFG) announced a price-sensitive strategic restructuring involving the direct acquisition of Australasian assets currently held through its Swedish-listed subsidiary, Abelco Investment Group AB. The transaction will result in Fatfish directly owning key assets, including Fatfish Internet Pte Ltd and other technology investments held within the Abelco structure.
The acquisition will be executed through a debt-for-equity swap at book value, allowing Fatfish to simplify its group structure without immediate cash outflow. Fatfish holds a significant stake in Abelco and will abstain from voting on the proposal. Completion remains subject to Abelco shareholder approval.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au
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Fatfish Group Simplifies Structure Through Abelco Asset Restructuring
Fatfish Group Limited (ASX: FFG) announced a price-sensitive strategic restructuring involving the direct acquisition of Australasian assets currently held through its Swedish-listed subsidiary, Abelco Investment Group AB. The transaction will result in Fatfish directly owning key assets, including Fatfish Internet Pte Ltd and other technology investments held within the Abelco structure.
The acquisition will be executed through a debt-for-equity swap at book value, allowing Fatfish to simplify its group structure without immediate cash outflow. Fatfish holds a significant stake in Abelco and will abstain from voting on the proposal. Completion remains subject to Abelco shareholder approval.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au