Brief: Tritech Group proposed disposal of 29 pct interest in Terratech Group
18/02/2016 07:04
Feb 18 (Reuters) - Tritech Group Ltd TTGL.SI : * Proposed disposal of 29.0% interest in terratech group limited) TTGL.SI * Spa had been terminated by mutual consent with effect from 17 February 2016 * Parties have on 17 February 2016 mutually agreed not to proceed with the proposed disposal * Says company's and the purchaser's respective obligations and liabilities under the spa shall cease * Deposit of about s$1 mln company had received from purchaser which would be fully refunded following the termination * Will continue to explore options including disposal of part or whole of the co's 29 pct shareholding in Terratech Group Ltd * Source text for Eikon ID:nSNZ8fsZN6 ((For more news, please click here TTGL.SI )) ((Bengaluru Newsroom; +91 80 6749 1130))
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