Brief: ASTI Holdings Says Shanghai Pudong Science And Technology Investment Co To Acquire STI Group
02/04/2018 24:44
April 2 (Reuters) - ASTI Holdings Ltd ATIH.SI :
* SHANGHAI PUDONG SCIENCE AND TECHNOLOGY INVESTMENT CO TO
ACQUIRE
ENTIRE STAKE OF SEVERAL UNITS OF CO FOR S$90 MILLION
* DEAL FOR DISPOSAL OF CO'S WHOLLY-OWNED UNITS THAT FORM STI
GROUP
* IN ADDITION TO THE S$90 MILLION CO WILL RECEIVE FOR DEAL
IN CASH
, A S$38 MILLION DIVIDENDS WILL BE DECLARED TO CO ACCORDING TO
AGREEMENT
Source text for Eikon: ID:nSNZbF1qW9
Further company coverage: ATIH.SI
((Reuters.Briefs@thomsonreuters.com;))
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