Wednesday, November 24, 2010


Broadway: Annouced that a fire broke out at a rented factory premises of its subsidiary. There were no casualities and no serious damage to equipments and machineries. Co. is unable to ascertain the total loss suffered, but estimate losses to be approximately S$400,000, but actual loss could be lower if facilities are covered by fire insurance and is expected to have minimal impact to grp’s overall consolidated financials for FY10.

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