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5BI Polaris News Story

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Brief: Polaris says disposal of investment in Shopdeca Pte. Ltd.

Sept 7 (Reuters) - Polaris Ltd  POLA.SI : 
 * Disposal of investment in shopdeca pte. ltd.)  POLA.SI  
 * Net sale proceed from the disposal, after deducting all costs and expenses, is at US$525,000.00 
 * Proposed disposal is expected to have positive impact on consolidated nta and EPS of the group for financial year ending 31 December 2016 
 * Says on 5 September unit disposed of its entire shareholding in shopdeca, a curated e-Commerce company in which it invested on 25 July 2014 
 * Source text for Eikon  ID:nSNZbTWsW5  
 
 
 
   ((Further company coverage:  POLA.SI )) 
   ((Bangalore.newsroom@thomsonreuters.com))

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