Asia
Shanaya Cancels Hup Lee Leong Enviro Proposed Acquisition, Cites Unsatisfactory Due Diligence
Shanaya (SGX:SES) has decided to terminate the proposed acquisition of a 60% stake in Hup Lee Leong Enviro by mutual agreement, citing unsatisfactory due diligence and non-fulfilment of certain conditions precedent.The parties have executed a mutual deal of termination with full release and discharge of obligations, according to a Wednesday filing with the Singapore Exchange.
SGX:SES
