Advance SCT Ltd (ASCT.SI) Key Developments |
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Advance SCT Ltd announces disposal of New Tsingyi Pte Ltd

Friday, 22 Aug 2014 05:36am EDT 

Advance SCT Ltd:Refers to its announcements dated Sept. 10, 2013, Aug. 25, 2013, Aug. 20, 2013, 31 July 2013, 23 July 2013, 15 June 2013, Feb. 25, March 4 and June 23 (collectively, previous announcements) and circular to shareholders dated June 6.Board announces that it has disposed of its entire equity interest in New Tsingyi Pte Ltd and received final payment of S$750,000, and New Tsingyi Pte Ltd has accordingly ceased to be a subsidiary of company.Deed of Release has not been entered into, and the Company will be proceeding with the Litigation Claims.Company will make appropriate announcements to keep shareholders updated on any material developments. 

Company Quote

29 Oct 2015