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JCURVE SOLUTIONS LTD M&A Activity 2021

Jul 8, 2021

65158_rns_2021-07-08_24eccbbf-70bf-4797-ac98-c67fdda4e2bb.pdf

M&A Activity

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9 July 2021

JCurve Solutions completes the Acquisition of the Rapid E-Suite Thailand Operations

JCurve Solutions Limited (ASX: JCS), the cloud solutions technology company, today announced that it had completed the acquisition of the business assets of Rapid E-Suite Pte Ltd’s Thailand operations.

The key terms of the acquisition are in accordance with the summary as outlined in the ASX Announcement dated 2 July 2021 with the exception that the Purchase Price will be paid as follows:

  • S$250,000 was paid on completion out of existing JCS cash reserves.

  • S$50,000 will be paid out of existing JCS cash reserves on reaching a non sales milestone agreed between the parties. This milestone must be met by 9 October 2021 otherwise the obligation for this component of the Purchase Price is waived by the vendor.

This announcement has been authorised for release by the Board of JCurve Solutions Limited.

About JCurve Solutions

JCurve Solutions is a trusted cloud technology solutions partner listed on the ASX (JCS). The team at JCS utilise the power of cloud technology to help customers make lasting, substantial improvements to their performance and to grow into great businesses. Learn more at www.jcurvesolutions.com.

jcurvesolutions.com Level 8, 9 Help Street, Chatswood, NSW 2067

JCurve Solutions Limited ABN 63 088 257 729

[email protected]