Brief: No Signboard Says In Final Stages Of Discussions To Acquire An F&B Business

Bromat Holdings

08/08/2023 14:48

Aug 8 (Reuters) - No Signboard Holdings Ltd  NOSI.SI :
    * CO HAS PUT SAM LIM ON A LEAVE OF ABSENCE WHICH WILL
INVOLVE A
SUSPENSION OF ALL OF HIS EXECUTIVE DUTIES AS CEO
    * ALSO BEEN ACTIVELY SEARCHING FOR ACQUISITION TARGETS AND
IS IN
FINAL STAGES OF DISCUSSIONS TO ACQUIRE AN F&B BUSINESS
    * BOARD DOES NOT EXPECT CHARGES AND SAM LIM'S SUSPENSION TO
MATERIALLY IMPACT GROUP'S EXISTING BUSINESS OPERATIONS
    * INTENDED LIM TECK-EAN WILL ASSUME SAM LIM'S DUTIES &
RESPONSIBILITIES AS INTERIM CEO AND WILL BE RE-DESIGNATED AS
EXECUTIVE DIRECTOR

Source text for Eikon:  ID:nSN3Znhxh 
Further company coverage:  NOSI.SI 

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