You are here

Albedo sells stake in Thai unit for nominal S$1

Move follows full and final settlement of the company's obligations as a guarantor

Singapore

ALBEDO Limited is selling its entire 70 per cent stake in Thai Tech Steel (2003) to Thoroughbred Holdings for a nominal consideration of S$1, following the full and final settlement of its obligations as a guarantor.

Thoroughbred Holdings is a private limited company; its

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom