Adventus Holdings logo

5EF - Adventus Holdings News Story

S$0.022 -0.0  -4.4%

Last Trade - 9:49am

Sector
Industrials
Size
Micro Cap
Market Cap £25.0m
Enterprise Value £40.2m
Revenue £n/a
Position in Universe 4803rd / 5992

BRIEF-Adventus Holdings says CS enters into Termination Agreements

Thu 24th March, 2016 12:32pm
March 24 (Reuters) - Adventus Holdings Ltd  ADVE.SI : 
 * CS has entered into various agreements to terminate the project 
 * Crimson Star Development Pte Ltd had on 12 June 2015 entered into for the  project 
 * Says upon the completion of the termination the rights holder of the project shall refund to CS the US$6 million 
 * Concurrent with termination, rights holder of project and vid intend to seek another purchaser for the project 
 * Says termination of the project is expected to contribute positively to the company 
 * Termination of project is expected to have a material effect on earnings per share of co for FY ending 31 December 2016 
 
 * Source text for Eikon  ID:nSNZ92l7ws  
 
 * ((For more news, please click here  ADVE.SI ))  
   ((Bengaluru Newsroom; +91 806749 1130))
© Stockopedia 2020, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.