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Construction : Web Exclusive | October 2014 | Source : Construction Update

Aegis Logistics sells 40 per cent of its equity stake in its Singapore subsidiary

Aegis Logistics Ltd has now informed BSE that the Company has now completed all the necessary formalities and executed all transaction documents for completion of Joint Venture and selling 40% of its equity ownership in its wholly owned subsidiary, Aegis Group International Pte. Ltd., Singapore, to ITOCHU Petroleum Co., (Singapore) Pte Ltd. for a total consideration of USD 5.85 Million.
 
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