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Rotary Engineering Ltd (ROTE.SI)

ROTE.SI on Stock Exchange of Singapore

24 May 2017
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Latest Key Developments (Source: Significant Developments)

Rotary Engineering increases stake in Petrol Steel Co to 98 pct
Monday, 12 Dec 2016 08:50am EST 

Rotary Engineering Ltd :increased its 51% shareholdings in petrol steel company to 98% by acquiring shares of pscl held by current minority shareholders.  Full Article

Rotary Engineering Ltd announces acquisition of vessel for US$15.6 mln
Wednesday, 3 Feb 2016 03:31am EST 

Rotary Engineering Ltd:Says Acquisition of vessel.Deal for total purchase consideration for the vessel is US$15.6 million.Says transaction will be funded primarily through internal funds.Says no financial effect of the transaction on the nta and EPS of the group for the year ended 31 December 2015.Unit has entered into a vessel purchase agreement to acquire an asset with an unrelated third party.Says the vessel is a korean-built double Hull oil tanker.  Full Article

Rotary Engineering Ltd ays suit no Hc/S298/2015 was commenced in high court of republic of Singapore on Sept. 07
Tuesday, 15 Sep 2015 07:50am EDT 

Rotary Engineering Ltd:Suit no. Hc/S298/2015 was commenced in the high court of the republic of Singapore on 7 September 2015 against co.Company takes the view under legal advice that the claims and allegations made in the suit are spurious and unfounded.Says plaintiffs have claimed for amongst other things, damages to be assessed for alleged breaches of contracts.  Full Article

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