Brief: Fabchem China Announces Disposal

Lincotrade & Associates Holdings

19/03/2021 14:45

March 19 (Reuters) - Fabchem China Ltd  FBCH.SI :
    * FABCHEM CHINA LTD -  TO DISPOSE OWNERSHIP OF AGGREGATE RMB
156
MILLION REGISTERED CAPITAL OF SHANDONG YINGUANG TECHNOLOGY CO
    * FABCHEM CHINA LTD -  TO DISPOSE IN EXCHANGE FOR PAYMENT OF
S$18
MILLION IN CASH BY TRIPLE VISION
    * FABCHEM CHINA LTD -  INTENDS TO UNDERTAKE A CAPITAL
REDUCTION
FOR A CASH DISTRIBUTION OF S$0.368 FOR EACH ORDINARY SHARE

Source text for Eikon:  urn:newsml:reuters.com:*:nSNZ9xJgfG
Further company coverage:  FBCH.SI 

 ((Reuters.Briefs@thomsonreuters.com;))