Brief: HG Metal Manufacturing and subscribers have mutually agreed to terminate share subscription agreement
05/09/2016 11:00
Sept 5 (Reuters) - HG Metal Manufacturing Ltd HGMM.SI : * Termination of the proposed placement of 253,498,089 new ordinary shares) HGMM.SI * Parties have also executed termination letters to terminate the share subscription agreements with immediate effect * Co and the subscribers have mutually agreed to the termination of the share subscription agreements with no further recourse * Termination of agreements will not have any material adverse impact on business operation and financial position of co Source text for Eikon urn:newsml:reuters.com:*:nSNZ5Csj1J ((Further company coverage: HGMM.SI )) ((Bangalore.newsroom@thomsonreuters.com))
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