Newly Acquired Australian Subsidiary Mancala Reports Maiden Profit For SGX-Listed Sapphire And Will Book Higher Gain On Disposal Of Steel Business Despite Its Continued Losses

Home > News > Press Releases > Newly Acquired Australian Subsidiary Mancala Reports Maiden Profit For SGX-Listed Sapphire And Will Book Higher Gain On Disposal Of Steel Business Despite Its Continued Losses

May.2014 15

Details

Announcement Title	General Announcement
Announcement Subtitle	Press Release
Securities	SAPPHIRE CORPORATION LIMITED (SAPPCORP)
Date & Time of Broadcast	May 15, 2014 20:21
Submitted By	TEH WING KWAN EXECUTIVE DIRECTOR AND GROUP CHIEF EXECUTIVE OFFICER
Description	PLEASE REFER TO THE ATTACHMENT.

Attachments

Attachment 1 (Size: 396,465 bytes)

Sapphire Shareholders Approve Sale Of PRC Steel Businesses For S$70 Million Ahead Of Other Strategic Investment Plans

SGX-Listed Sapphire Sells Entire PRC Steel-Making Business For S$70 Million And Gain On Divestment; Proceeds Will Be Used To Support Resource Business And Chart New Direction In Value-Added Engineering Services

About Us: Sapphire is based in Singapore and has been listed on the Singapore Exchange since 1999.

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CONTACT: 3 Shenton Way，#25-05 Shenton House Singapore 068805; info@sapphirecorp.com.sg

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