TechFinancials to sell Cedex to Lem Management
TechFinancials today announces it has entered into a Share Purchase Agreement to sell its 99.84% owned subsidiary, Cedex Holdings Limited, to Lem Management Limited. According to the terms of the Agreement, TechFinancials will be entitled to future consideration upon Lem Management succeeding to raise US$20 million in a single or series of related transactions, for…
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