Brief: BGR Energy Systems Approves Proposal For Sale Of Progen Systems And Technologies

BGR Energy Systems

30/03/2020 08:36

March 30 (Reuters) - BGR Energy Systems Ltd  BGRE.NS :
    * BGR ENERGY SYSTEMS LTD - APPROVED PROPOSAL FOR SALE OF
PROGEN
SYSTEMS AND TECHNOLOGIES LIMITED
    * BGR ENERGY SYSTEMS LTD - SALE COMPRISES OF 69.67% OF
SUBSCRIBED
AND PAID UP CAPITAL OF PROGE
    * BGR ENERGY SYSTEMS LTD - SHARES TO BE BOUGHT BY BGR
INVESTMENT
HOLDINGS CO LTD, A RELATED PARTY
    * BGR ENERGY SYSTEMS LTD - BGR INVESTMENT HOLDINGS CO HOLDS
BALANCE 30.33% OF PROGEN

Source text for Eikon:  ID:nBSE3W0jn3 
Further company coverage:  BGRE.NS 

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