REPL::Waiver::WAIVER GRANTED FROM HOLDING EGM ON PROPOSED DISPOSAL OF SUBSIDIARY

Issuer & Securities

Issuer/ Manager
PNE INDUSTRIES LTD
Securities
PNE INDUSTRIES LTD - SG1BF2000001 - BDA
Stapled Security
No

Announcement Details

Announcement Title
Waiver
Date &Time of Broadcast
13-Nov-2015 17:24:17
Status
Replacement
Announcement Sub Title
WAIVER GRANTED FROM HOLDING EGM ON PROPOSED DISPOSAL OF SUBSIDIARY
Announcement Reference
SG151105OTHRLDX8
Submitted By (Co./ Ind. Name)
TAN MENG SIEW
Designation
COMPANY SECRETARY
Description (Please provide a detailed description of the event in the box below)

Further to the announcement (Ref: SG151105THRLDX8) made on 5 Nov 2015, PNE Industries Ltd ("the Company") is pleased to announce that it has entered into a Framework Agreement with Sanhe Xingda for the proposed Disposal of its entire stake in PNE Print Technology Co. Ltd ("subsidiary").

Please see attached.
Note: The file attachment FrameworkAgmtonProposedDisposlofPNE Print.pdf has been removed from this announcement upon the request of the Issuer. Please see details in Replacement announcement published on 17 November 2015 at 17:35:54.

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