Brief: Asiaphos Updates On Transaction With Sichuan Rongda Yuexiang Chemical

Asiaphos

24/08/2023 16:43

Aug 24 (Reuters) - AsiaPhos Ltd  ASIP.SI :
    * UPDATE ON TRANSACTION WITH SICHUAN RONGDA YUEXIANG
CHEMICAL
GROUP
    * AT PRESENT, RONGDA IS ACTIVELY LOOKING FOR NEW INVESTMENT
PARTNERS
    * CERTAIN PARTIES HAVE EXPRESSED  INTEREST IN ACQUIRING
PHASE 1
FACTORY, AND MANAGEMENT IS NEGOTIATING TO GET THEM TO REPLACE
RONGDA
    * UNABLE TO PROVIDE IMPACT OF DEVELOPMENT ON TRANSACTION
WITH
RONGDA AND FINANCIAL IMPACT ON EARNINGS FOR FY23

Source text for Eikon:  ID:nSN9WZxSB 
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