Digilife Technologies (SGX:BAI) signed a restate limited liability partnership agreement in respect of its joint venture, Modi Hebel India, according to a Monday filing with the Singapore Exchange.
The restated agreement admits the company's controlling shareholder, Bhupendra Kumar Modi, as an incoming partner, following his acquisition of a 49% stake in the joint venture from five outgoing partners.
The joint venture remains the telecommunications products and services company's subsidiary.
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