Brief: Spindex Industries Announces Disposal Of A Property
04/06/2018 11:43
June 4 (Reuters) - Spindex Industries Ltd SNEX.SI :
* CO ENTERS DEAL WITH JTC CORP FOR SURRENDER OF ITS LEASE
OVER ITS
PROPERTY AT 6 NEYTHAL ROAD, SINGAPORE
* DISPOSAL EXPECTED TO HAVE A POSITIVE IMPACT ON FINANCIAL
POSITION OF COMPANY FOR CURRENT FINANCIAL YEAR
* CONSIDERATION PAYABLE BY JTC TO CO, AFTER AGREED
REINSTATEMENT
COSTS IS S$3.7 MILLION
Source text for Eikon: urn:newsml:reuters.com:*:nSNZ53fLR0
Further company coverage: SNEX.SI
((Reuters.Briefs@thomsonreuters.com;))
Recent news on Spindex Industries
See all newsBrief: Spindex Industries Says It will Delisted From Official List Of SGX-St
Brief: Spindex Industries Receives In-Principle Approval For Delisting From SGX Regco
Brief: Spindex Industries Requests For Trading Halt
Brief: Spindex Industries Says Ongoing Discussions On Possible Deal, No Assurance Of Progress
Brief: Spindex Industries Approached By Third Party On Possible Transaction For Shares In Co