BRIEF-Singapore Technologies Engineering's Unit And Singapore Power To Divest Sptel To Seraya Aqx

Reuters

07-17

BRIEF-Singapore Technologies Engineering's Unit And Singapore Power To Divest Sptel To Seraya Aqx

July 17 (Reuters) - ST Engineering Financial I Ltd [RIC:RIC:SGTEA.UL]:

UNIT AND SINGAPORE POWER TO DIVEST SPTEL TO SERAYA AQX
AQX TO BUY SPTEL FOR ENTERPRISE VALUE OF S$290 MILLION
DIVESTMENT RESULTS IN ONE-OFF GAIN OF S$80 MILLION FOR ST ENGINEERING

Further company coverage: SGTEA.UL

((Reuters.Briefs@thomsonreuters.com))

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