May 10, 2018 / 12:26 PM / 2 months ago

BRIEF-IL & FS Investment Managers Says Unit Decided To Surrender Capital Market Service Licence To Monetary Authority Of Singapore

May 10 (Reuters) - IL & FS Investment Managers Ltd :

* UNIT IIML FUND MANAGERS (SINGAPORE) TO SURRENDER CAPITAL MARKET SERVICE LICENCE TO MONETARY AUTHORITY OF SINGAPORE

* SAYS STEP HAS BEEN TAKEN TO RATIONALISE COSTS

* SAYS STEP WILL NOT HAVE ANY IMPACT ON CO'S CURRENT FUND RAISING INITIATIVES Source text - bit.ly/2rzxY1Z Further company coverage:

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