Brief: Singapore Myanmar Investco updates on email from GIG's German lawyers

SMI Vantage

18/01/2017 10:48

Jan 18 (Reuters) - Singapore Myanmar Investco Ltd  SINO.SI : 
    * Received email from GIG's German lawyers informing GIG's 
intention to submit criminal complaint to courts of singapore 
against co's directors 
    * GIG has alleged that company has not made accurate 
disclosure regarding amount of purchase consideration payable to 
purchaser 
    * Company intends to proceed with completion of transfer of 
shares in MIG according to contractual provisions under SPA 
 
Source text for Eikon:  ID:nSNZ3bjlgJ  
Further company coverage:  SINO.SI  
 
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