BRIEF-Kiri Industries Says Singapore Court Orders En Bloc Sale Of Dystar Be Conducted Without Reserve Price
May 20 (Reuters) - Kiri Industries Ltd:
* SINGAPORE INTERNATIONAL COMMERCIAL COURT ORDER EN BLOC SALE OF DYSTAR BE CONDUCTED WITHOUT RESERVE PRICE
* SICC ORDER EN BLOC SALE OF DYSTAR SHALL BE COMPLETED WITHIN LONG-STOP DATE DEC. 31, 2025
* COURT DID NOT ALLOW INTEREST ON BUYOUT PRICE, ADVANCE PAYMENT FROM DYSTAR
* KIRI SHALL RECEIVE $603.8 MILLION IN PRIORITY FROM PROCEEDS OF SALE
* SENDA SHALL RECEIVE BALANCE OF PROCEEDS OF SALE Source text for Eikon: Further company coverage: