Magicmicro Co.,Ltd (KOSDAQ:A127160) acquired 20.3% stake in Raffles Infrastructure Holdings Limited (SGX:LUY) for SGD 6.9 million on September 9, 2019. Magicmicro Co.,Ltd acquired 13.8 million shares at SGD 0.50 per share.

Magicmicro Co.,Ltd (KOSDAQ:A127160) completed the acquisition of 20.3% stake in Raffles Infrastructure Holdings Limited (SGX:LUY) on September 9, 2019.