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NSL reports indications of interest to buy its dry mix business

Monday, January 25, 2016 - 18:31

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.

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