NSL reports indications of interest to buy its dry mix business
THE board of industrial group NSL said on Monday it has received indications of interest from several parties to purchase its dry mix business in Hong Kong, China, Singapore and Malaysia.
"There is no certainty and assurance as at the date of this announcement that definitive agreements will be signed. The company will make the relevant disclosures at the appropriate time when there are further developments," it said.
NSL has businesses in precast and prefabricated bathroom unit, dry mix and environmental services.
Its share price added 3.5 Singapore cents or 2.4 per cent to S$1.465 on Monday before the announcement was released.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Texas Instruments gives solid forecast in sign of comeback
Cordlife customers push for legal action
China’s Noah to hire 50 to 100 wealth managers in Hong Kong, Singapore
Australian inflation boosts case for higher-for-longer rates
Gold edges down as Middle East worries ebb
Tesla could start selling Optimus robots by the end of next year, Musk says