Monday, October 28, 2013

Tritech

Tritech: In a reply to SGX's query on with regards to its trading activity in the morning, Tritech has stated that the company is not aware of any information which might have caused the activity. Tritech has clarified that the group is still in the midst of its proposed restructuring and the spin off listing of its limestone business on Hong Kong Exchange. Separately, Tritech's wholly owned subsidiary, Qingdao Terratech Resources, has announced four contract orders worth an aggregate Rmb88.5m (S$18m) for the sale of marble and marble related products to individual property development companies in China. Delivery will be progressive, starting from mid-2014. Counter will resume trading at 4.45pm.

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