Japanese Nojima Plans to Acquire Singaporean Courts Asia

Representatives of PricewaterhouseCoopers, who will deal with the acquisition reported that the company Courts Asia received a buy offer from Japanese company Nojima.

Nojima plans to acquire more than 50% of its shares at a price slightly higher than the current price. It is reported that Singapore Retail Group, which currently owns 73.8% of the company's shares is ready to consider the selling off.