WBA webster limited
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News: WBA Webster Says Shareholders Approve Divestment Of Bengerang

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    31/10/18
    18:35
    Post #: 36338939

    Oct 31 (Reuters) - Webster Ltd (WBA) :

    • SHAREHOLDERS APPROVE DIVESTMENT OF BENGERANG LIMITED
    • APPROVED DIVESTMENT OF ITS WHOLLY-OWNED SUBSIDIARY, BENGERANG LIMITED
    • TOTAL CONSIDERATION PAYABLE TO WEBSTER FOLLOWING DIVESTMENT IS $132.7 MILLION
    • WEBSTER EFFECTIVELY RETAINS RIGHTS TO PROCEEDS OF 2018 COTTON CROP RECENTLY HARVESTED
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