Brief: JES International proposes disposal of shipbuilding business
12/02/2016 09:41
Feb 12 (Reuters) - JES International Holdings Ltd JSIH.SI : * Proposed disposal of the shipbuilding business * Says cash consideration of US$500,000 payable on the completion date * Says entered into a conditional sale and purchase agreement with Hong Kong Victo International Limited * Says proposed disposal would result in a loss of RMB850.2 million if it was completed on 31 December 2014 * Source text for Eikon urn:newsml:reuters.com:*:nSNZ6Q14gt * ((For more news, please click here JSIH.SI )) ((Bengaluru Newsroom; +91 80 6749 1130))
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