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Brief: GKE Corporation updates on proposed sale of 49 pct of GKE Metal Logistics Pte Ltd

March 1 (Reuters) - GKE Corporation Ltd  GKEC.SI : 
 * Says update on proposed sale of 49% of the issued and paid-up share capital of GKE metal logistics pte ltd 
 * Purchaser is not agreeable to extend the timeline to enter into the  definitive sale and purchase agreement 
 * Says company did not enter into a definitive sale and purchase agreement with the purchaser on 29 February 2016 
 * The mou has lapsed with effect from 1 March 2016 
 * Source text for Eikon  ID:nSNZ2CJ85L  
 
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