BRIEF-Ohmyhome Announces Acquisition Of Simply Sakal, Singapore Tech-Enabled Property Management Company, Creating Property “Super App”
Oct 11 (Reuters) - Ohmyhome Ltd:
* OHMYHOME LTD. ANNOUNCES ACQUISITION OF SIMPLY SAKAL, A LEADING SINGAPORE TECH-ENABLED PROPERTY MANAGEMENT COMPANY, CREATING PROPERTY “SUPER APP”
* OHMYHOME LTD - PROPOSED DEAL FOR A CONSIDERATION OF APPROXIMATELY S$4.7 MILLION
* OHMYHOME LTD - TRANSACTION IS EXPECTED TO BE ACCRETIVE TO OHMYHOME'S REVENUE GROWTH AND EARNINGS IN 2024, FIRST FULL YEAR AFTER ITS CLOSE
* OHMYHOME LTD - TRANSACTION IS EXPECTED TO LEAD TO A POSITIVE EBITDA IN 2025 UPON REALIZATION OF SYNERGIES Source text for Eikon: Further company coverage: