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BDA PNE Industries News Story

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Brief: PNE Industries intends to dispose all of its shareholdings in PNE Print Technology

Nov 17 (Reuters) - PNE Industries Ltd  PNEI.SI : 
 * Intends to dispose all of its shareholdings in PNE print technology co., ltd 
 * Intention that the consideration on the proposed disposal shall be between RMB40 million to RMB50 million 
 * Says company is currently negotiating with potential purchasers 
 * Says may also consider declaring a special dividend upon completion 
 * Says "costs associated with the proposed disposal are assumed to be immaterial" 
 
 * Source text for Eikon  ID:nSNZ5z9lHL  
 
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