Edition:
United States

Engro Corporation Ltd (ENGR.SI)

ENGR.SI on Stock Exchange of Singapore

0.93SGD
20 Oct 2017
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Latest Key Developments (Source: Significant Developments)

Engro Corp says R&P ltd entered into a jv agreement with Omni- Plus System
Monday, 21 Aug 2017 05:47am EDT 

Aug 21 (Reuters) - Engro Corporation Limited :The Entry Into A Joint Venture Agreement By A Subsidiary.‍R&P (PTE.) ltd entered into a jv agreement with omni- plus system pte ltd to form a joint venture co​.R&P to subscribe to 60% of registered capital of jvco in form of production equipment & technical knowhow valued at us$1.125 million.Jv is not expected to have any material effect on consol net tangible assets per share & eps & group for fy ending 31 dec 2017.Jv company to manufacture and distribute thermoplastic compounds to serve automotive industry in asia market.  Full Article

Engro Corporation Group discovered a case of fraud at its China subsidiary
Thursday, 23 Feb 2017 05:26am EST 

Engro Corporation Ltd : Group has discovered a case of Fraud at its China subsidiary, Shanghai S3 Building Materials Co., Ltd . An aggregate amount of approximately rmb1.37 million was misappropriated from accounts by an employee of subsidiary .Misappropriation is not expected to have material impact on profit for financial years ended 31 Dec 2016 and ending 31 Dec 2017.  Full Article

Engro Corp says unit subscribed 40% of registered capital of Kunshan R&P
Friday, 20 Jan 2017 04:39am EST 

Engro Corporation Ltd : R&P (Pte.) Ltd. Has subscribed to 40% of registered capital of Kunshan R&P Co., Ltd. For S$1.0 million .JV is not expected to have any material effect on consolidated net tangible assets per share and eps of co and group for fy ending 31 dec 2017.  Full Article

Engro Corporation says unit entered JV agreement
Wednesday, 29 Jun 2016 06:15am EDT 

Engro Corporation Ltd : Unit R&P (PTE.) entered into JV agreement with Shanghai Hop Zenith Chemical to research and develop thermoplastic compounds . JV not expected to have any material effect on consol NTA and EPS of company and group for FY ending 31 December 2016 .  Full Article

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