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SINGAPORE PRESS-Albedo trying to salvage reverse takeover deal-Business Times

Reuters

Albedo Ltd is still trying to resolve outstanding issues involving its a S$774 million ($620 million) takeover by a company controlled by Malaysian businessman Danny Tan.

Albedo said it met with representatives from the other company on April 3 and discussions are still ongoing, the Business Times reported.

It said the parties are now trying to resolve issues pertaining to the proposed acquisition prior to the long stop date of Sept. 19.

(http://link.reuters.com/nar48v)

NOTE: Reuters has not verified this story and does not vouch for its accuracy. ($1 = 1.2485 Singapore Dollars) (Reporting by Saeed Azhar; Editing by Sunil Nair)