BRIEF-Mencast Holdings Announces Proposed Disposal Of 50% Stake In Vac-Tech Engineering Pte
June 28 (Reuters) - Mencast Holdings Ltd:
* ANNOUNCES PROPOSED DISPOSAL OF 50% EQUITY INTEREST IN VAC-TECH ENGINEERING PTE LTD
* ON COMPLETION OF PROPOSED DISPOSAL, UNIT MENCAST ENERGY TO HOLD 600,000 SHARES IN VAC-TECH REPRESENTING 20% STAKE
* UNIT MENCAST ENERGY TO RECEIVE NET PROCEEDS OF ABOUT S$9.2 MILLION FROM PROPOSED DISPOSAL Source text for Eikon: Further company coverage: