Brief: Advanced Holdings says entered into conditional share SPA with Chua Chin Nam

Advanced Holdings

22/09/2016 12:30

Sept 22 (Reuters) -  
    * Pdf 1: Advanced Holdings Ltd. (Proposed Disposal Of 
Applied Engineering Pte Ltd By A Wholly-owned Subsidiary Of The 
Company)  ADVA.SI  
    * Says unit entered into a conditional share sale and 
purchase agreement with Chua Chin Nam 
    * Aggregate consideration for proposed disposal is an amount 
in cash equal to sum of S$4 million 
    * Will be a loss estimated to be S$1.7 million from proposed 
disposal after taking into account write-off of goodwill 
    * Proposed disposal has no impact to company's issued share 
capital 
 
Source text for Eikon:  ID:nSNZ7B40Yj  
Further company coverage:  ADVA.SI  
 
 ((Bangalore.newsroom@thomsonreuters.com;))