Brief: Thakral Corporation Announces Proposed Spin-Off Of Certain Segments Of Lifestyle Business
BRIEF-Thakral Corporation Announces Proposed Spin-Off Of Certain Segments Of Lifestyle Business Sept 7 (Reuters) - Thakral Corporation Ltd THAK.SI:
PROPOSED SPIN-OFF AND LISTING OF CERTAIN SEGMENTS OF LIFESTYLE BUSINESS ON MAINBOARD OF SGX-ST
BEFORE PROPOSED SPIN-OFF, INTERNAL RESTRUCTURING WILL BE UNDERTAKEN BY GROUP TO CONSOLIDATE SPIN-OFF GROUP
SGX-ST HAS NO OBJECTION TO CO'S SUBMISSION THAT PROPOSED SPIN-OFF WOULD NOT AMOUNT TO A CHAIN LISTING
Further company coverage: THAK.SI
((Reuters.Briefs@thomsonreuters.com;))
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