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BRIEF-PEC Ltd says unit ordered to wind up by an order of High Court Of Republic Of Singapore
March 24, 2017 / 11:50 AM / 8 months ago

BRIEF-PEC Ltd says unit ordered to wind up by an order of High Court Of Republic Of Singapore

March 24 (Reuters) - Pec Ltd

* By an order of high court of republic of singapore co’s s 51% -owned unit major insulation & links (mil) marketing pte was ordered to be wound up

* Company has made a provision for full impairment of its investment of approximately s$3 million in mil

* Winding up of mil not expected to have material impact on net earnings per share or net tangible assets of co for fy2017. Source text for Eikon: Further company coverage:

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