Brief: Metech updates on termination of agreement
27/11/2015 10:19
Nov 27 (Reuters) - Metech International Ltd METE.SI : * Says company and the vendor have mutually agreed not to proceed with the proposed acquisition * Says decided to abort its plan of exploring the synergies in the metal business with the target group * Says will explore other forms of cooperation with the target * Says termination of agreement will not have any material effect on group's performance for financial year ending 30 June 2016 Source text for Eikon ID:nSNZ2BT2wx ((For more news, please click here METE.SI )) ((Bengaluru Newsroom; +91 80 6749 1130))
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