Brief: KLW Holdings updates on non-completion of put option
09/12/2016 09:09
Dec 9 (Reuters) - KLW Holdings Ltd KLWH.SI
* refers to announcements dated 15 november 2016 and 17
november 2016 in relation to exercise of put option by company
* Has decided that it is not in company's interest to pursue
completion of exercise of put option
* Company will proceed to let put option lapse accordingly
* board has sought legal advice in response to claims
contained in letter from lawyers representing subscriber.
Source text for Eikon: ID:nSNZcbQCSN
Further company coverage: KLWH.SI
((Bangalore.newsroom@thomsonreuters.com;))