Brief: Advance SCT updates on cessation of exclusive distributorship of Taiwan unit
20/11/2015 10:59
Nov 20 (Reuters) - Advance SCT Ltd ASCT.SI : * Cessation of exclusive distributorship of Taiwan unit is part of ongoing organisational restructuring of copper ball division" * There was insufficient working capital to start second production line, manufacturing facilities being unable to achieve breakeven point * Taiwan subsidiary is held for sale, and is currently facing financing and liquidity issues in their operations" Source text for Eikon ID:nSNZ6312YY ((For more news, please click here ASCT.SI )) ((Bengaluru Newsroom; +91 80 6749 1130))
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