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MANALIPETC — Manali Petrochemicals News Story

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Brief: Manali Petrochemicals approves investment up to $15 mln in Amchem Speciality Chemicals

Sept 8 (Reuters) - Manali Petrochemicals Ltd  MNLI.NS : 
 * Approved an additional investment upto US$ 15 million in Amchem Speciality 
Chemicals Private Limited, Singapore 
 
 * Source text: [Manali Petrochemicals Limited has informed the Exchange that the Board at the meeting held on September 08, 2016 has approved an additional investment upto US$ 15 million in AMCHEM Speciality Chemicals Private Limited, Singapore, the Wholly Owned Subsidiary of the Company for the potential acquisition of an overseas System House. Further details in this regard would be furnished in due course] 
 
 
 * Further company coverage  MNLI.NS    
 ((Bangalore.newsroom@thomsonreuters.com))

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