SINGAPORE Asian Paints' subsidiary Berger International Limited(BIL)has decided to sell its 30% stake in Dutch Boy Philippines for S2.34M(euro1.165M/1.465M).'Dutch Boy Philippines has been incurring losses and after a review of its prospects,the board of BIL has decided to divest the company's entire interest,' said BIL president and chairman Jalaj Dani.'The proceeds from the disposal will be used for BIL' s working capital purposes and to fund the operations of the Berger International group,' he added.
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机译:新加坡亚洲涂料公司的子公司Berger International Limited(BIL)已决定以S2.34M(euro1.165M / 1.465M)的价格出售其持有的荷兰男孩菲律宾公司30%的股份。 BIL董事会主席兼董事长贾拉吉·达尼(Jalaj Dani)表示,从前景看,BIL董事会已决定剥离公司的全部权益。 ,' 他加了。
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