Tai Sin Electric Says Buyer Missed Payment Deadline for CAST Laboratories Sale

MT Newswires

04/08

Tai Sin Electric (SGX:500) said the buyer of CAST Laboratories (Cambodia) has missed the $1.4 million balance payment due March 15, according to a Monday filing on the Singapore Exchange.

The buyer has requested an extension to May 30 to finalize financing and will make partial payments in the meantime.

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