BRIEF-Insimbi Industrial Announces Settlement With Group Wreck Vendors

  • Reuters
  • Stock Market News
BRIEF-Insimbi Industrial Announces Settlement With Group Wreck Vendors
Credit: © Reuters.

Feb 9 (Reuters) - Insimbi Industrial Holdings Ltd ISBJ.J :

* JSE: ISB - SETTLEMENT WITH GROUP WRECK VENDORS AND SPECIFIC SHARE REPURCHASE

* INSIMBI INDUSTRIAL HOLDINGS LTD - PARTIES HAVE AGREED TO SETTLE WARRANTY CLAIM AND ACCELERATE PROFIT TARGET REMEDY MEASURES

* INSIMBI INDUSTRIAL - PARTIES AGREE TO SETTLEMENT AGREEMENT WHERE INSIMBI WILL REPURCHASE 18.5 MILLION INSIMBI SHARES FROM VENDORS FOR R150 000

Drop an image here or Supported formats: *.jpg, *.png, *.gif up to 5mb

Error: File type not supported

Drop an image here or

100