Brief: Pan Asian Holdings Says Xu Jia Zu Holdings Informed Co It May Sell Its Stake In Co

Sevens Atelier

07/06/2021 14:34

June 7 (Reuters) - Pan Asian Holdings Ltd  PANA.SI :
    * XU JIA ZU HOLDINGS PTE INFORMED CO THAT IT HAS EXPRESSED
AN
INTEREST IN POSSIBLE TRANSACTION
    * POSSIBLE TRANSACTION INVOLVES DISPOSAL OF A PORTION OF ITS
SHAREHOLDINGS IN CO TO AN UNRELATED THIRD PARTY
    * XU JIA ZU HOLDINGS PTE HOLDS 77.09% SHAREHOLDING INTEREST
IN CO
AS AT 7 JUNE 2021
    * XU JIA ZU HOLDINGS SAID DISCUSSIONS ARE ON-GOING AND NO
AGREEMENT HAS BEEN REACHED BETWEEN PARTIES

Source text for Eikon:  ID:nSN83nv7R 
Further company coverage:  PANA.SI 

 (Reuters.briefs@thomsonreuters.com)