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Tiong Woon Corporation Holding Ltd Announces Proposed Disposal Of 100% Interest In Wholly Owned Subsidiary
Tiong Woon Corporation Holding Ltd announced that the Company has entered into a legally binding memorandum of understanding (MOU) with Metech Energy Corp Pte Ltd (Purchaser) for the proposed sale of the Company’s entire interest in its wholly owned subsidiary, Tiong Woon Oil & Gas Services Pte Ltd (TWOG) to the Purchaser. The aggregate amount to be paid by the Purchaser for the Proposed Disposal shall be SGD18,000,000.
Latest Developments for Tiong Woon Corporation Holding Ltd
- Tiong Woon Corporation Holding Ltd Proposes Disposal Of 100% Interest In Wholly Owned Subsidiary
- Tiong Woon Corp Holdings Ltd Enters Into Joint Venture Agreement with Chi Deh Crane Engineering Co. And The Giant Project Service Corp.
- Tiong Woon Corp. Holdings Ltd. Proposes Renounceable Non-Underwritten Rights Issue
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