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I06 — Intraco News Story

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Brief: Intraco Enters Conditional Share Sale & Purchase Agreement With Th Investments, Others

May 9 (Reuters) - Intraco Ltd  ITRS.SI :
    * ENTERED INTO A CONDITIONAL SHARE SALE AND PURCHASE
AGREEMENT
WITH TH INVESTMENTS, OTHERS
    * DISPOSAL FOR TOTAL CONSIDERATION OF S$6.9 MILLION
    * CO AGREED TO SELL ALL ITS SHARES IN K.A. GROUP HOLDINGS
PTE LTD
    * PROPOSES SHARE CAPITAL REDUCTION, DISTRIBUTING S$0.06 PER
SHARE
TO ALL ELIGIBLE SHAREHOLDERS


Further company coverage:  ITRS.SI 

 ((Reuters.Briefs@thomsonreuters.com;))

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