From these sales, the company has raised $5.46 million. Tan’s shareholding interest in the group will therefore decrease to 73.09%.
Investors include Areca Capital, Asdew Acquisitions, ICH Synergrowth Fund, Lion Global Investors, and other high net-worth individuals.
Tan has also voluntarily committed to a self-imposed moratorium on any future sale of his shares of the company for a period of six months from the date of completion of this transaction.
Shares in Attika Group closed 2 cents higher or 4.819% up at 43.5 cents on Jan 12.
