Brief: Regal International Group proposes disposal of Hisaka International Holdings Pte

Regal International

02/06/2016 10:30

June 2 (Reuters) - Regal International Group Ltd  REGI.SI : 
 * Proposed disposal of hisaka international holdings pte. ltd.)  REGI.SI  
 * Says entered into a sale and purchase agreement with cheng ee chew, cheng ee 
   lieng and yong yew seng 
 * Says the proposed disposal of HIHPL is an amount being the aggregate of s$7 
   million 
 * Says agreement for disposal of the co's entire interest in its unit, Hisaka 
   International Holdings Pte. Ltd 
 * Taking into account the hih purchase consideration, the proposed disposal of 
   HIHPL represents a loss upon disposal of about s$4.4 million 
 
 * Source text for Eikon  ID:nSNZ5FkZ8l  
 
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