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Tritech selling specialist engineering unit to meet working capital requirements

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Vivienne Tay

Vivienne Tay

Published Mon, Apr 15, 2019 · 09:50 PM

Singapore

CATALIST-LISTED Tritech Group, through TGL Engineering Group, is selling Presscrete Engineering, an indirect subsidiary, to Lim Wen Heng Construction to meet its working capital requirements.

The sale price will be determined based on the total of several items, the group said in a regulatory filing on Monday just before the market opened.

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