Ntegrator has since changed its name to Watches.com. Christian Kwok-Leun Yau controls Watches.com and another listed company Incredible Holdings.
Under terms of the sale and purchase agreement, Ng and two other shareholders, Ivy Chan Shui Sheung and Lee Chun Ming will sell a total of 256.3 million shares at 1.17 cents each.
In a separate announcement by Watches.com, the company adds that the extension was because of a June 27 notice of compliance issued by SGX RegCo requiring Watches.com and Incredible Holdings to appoint a joint independent reviewer over a series of corporate actions by the two companies.
"The board wishes to further inform shareholders that pending completion of the deliverables set out in the notice of compliance, there is no certainty or assurance as at the date of this announcement that the proposed acquisition will be completed," adds Watches.com
