SEE: OCBC enters into partnership with EV charging solutions provider to 'green' Singapore’s land transport sector
The audited net tangible asset (NTA) value represented by the proposed acquisition as at Dec 31, 2019, was about RM420,000.
Horizon, following the acquisition, is now a wholly-owned subsidiary of OCBC Bank through KIM Limited.
Shares in OCBC closed flat at $10.65 on Feb 18.
