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42N IPS Securex Holdings News Story

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Brief: IPS Securex says enters into MOU on 28 October 2015

Oct 29 (Reuters) - IPS Securex Holdings Ltd  IPSS.SI : 
 * Says entered into a memorandum of understanding on 28 October 2015 
 * Says purchaser consideration shall be satisfied fully in cash 
 * Says purchase consideration will be funded by a combination of the group's internal resources and bank financing 
 * Company or such other party will acquire 40.0% of issued share capital of each of yatai security & communications pte and avac systems pte 
 
 * Source text for Eikon  ID:nSNZ8wpRPj  
 
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