Brief: PEC Ltd says unit received statutory demand by Nichias (Singapore)

PEC

08/02/2017 10:54

Feb 8 (Reuters) - Pec Ltd  PECL.SI  
    * Statutory demand by Nichias (Singapore) Pte Ltd Against 
Major Insulation & Links  Marketing Pte. Ltd 
    * Unit received letter from solicitors of Nichias 
(Singapore)  for payment of S$1.25 million 
    * Statutory demand for payment of debt is not expected to 
have any material adverse impact on financial position, business 
and operations of group 
 
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