Brief: Mun Siong Engineering Co Says In Advance Discussions To Enter JV With Owner Of Group Of Co's

Mun Siong Engineering

29/01/2019 11:34

Jan 29 (Reuters) - Mun Siong Engineering Ltd  MSEL.SI :
    * CO IS IN ADVANCE DISCUSSIONS TO ENTER JV WITH OWNER OF
GROUP OF
COMPANIES
    * GROUP'S ALSO MANDATED ACCOUNTING FIRM TO CONDUCT FINANCIAL
DUE
DILIGENCE ON OLDCO
    * GROUP AND SHAREHOLDER OF OLDCO INTENDS TO FORM A JOINT
VENTURE ,
THE "NEWCO"
    * GROUP WILL BE SUBSTANTIAL AND CONTROLLING SHAREHOLDER OF
NEWCO

Source text for Eikon:  urn:newsml:reuters.com:*:nSNZ303fVw
Further company coverage:  MSEL.SI 

 ((Reuters.Briefs@thomsonreuters.com;))