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BRIEF-Pennar Industries says co evaluating merger of unit Pennar Enviro into itself
December 19, 2016 / 8:31 AM / a year ago

BRIEF-Pennar Industries says co evaluating merger of unit Pennar Enviro into itself

Dec 19 (Reuters) - Pennar Industries Ltd :

* Says board is evaluating the merger of its subsidiary Pennar Enviro Ltd into Pennar Industries

* Says appointed an advisor for the merger and will be in touch with all major stakeholders regarding this proposition

* Says Pennar Industries currently holds 51.03% of the total equity of Pennar Enviro Ltd Source text: bit.ly/2hQd9da Further company coverage:

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