Brief: PEC Ltd says unit ordered to wind up by an order of High Court Of Republic Of Singapore

PEC

24/03/2017 11:01

March 24 (Reuters) - Pec Ltd  PECL.SI  
    * By an order of high court of republic of singapore co's s 
51% -owned unit major insulation & links (mil) marketing pte was 
ordered to be wound up 
    * Company has made a provision for full impairment of its 
investment of approximately s$3 million in mil 
    * Winding up of mil not expected to have material impact on 
net earnings per share or net tangible assets of co for fy2017. 
 
Source text for Eikon:  ID:nSN6LqtfT  
Further company coverage:  PECL.SI  
 
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