If you would like to learn more about future focusIR related events and roundtables, please submit your details here

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksTricor Regulatory News (TRIC)

  • There is currently no data for TRIC

Fixed Term Supply Contract

28 Mar 2013 07:00

RNS Number : 0690B
Tricor PLC
28 March 2013
 



TRICOR PLC

("Tricor" or the "Company")

 

Fixed Term Supply Contract

 

Further to the announcement on 18 March 2013, the Company is pleased to announce that Chahaya Shipping and Trading Co. Pte Ltd ("Chahaya") has entered into a contract (the "Contract") with the Company's wholly owned subsidiary, Tricor Environmental Pte Ltd ("TEPL"), to purchase sand from TEPL from time to time. Under the terms of the two year fixed term contract, Chahaya is obliged to purchase from TEPL a minimum of 5.1 million metric tons of sand in the first 12 months and 8.6 million metric tons in the second 12 months. Under certain circumstances, Chahaya may terminate the Contract after the expiry of the first 18 months.

 

TEPL expects that its first sale of sand to Chahaya to be completed on or about 31 March 2013.

 

Chahaya is a Singapore based private limited company incorporated in 1975 focused on shipping, trading and providing services to the construction and infrastructure industry by procuring and delivering infrastructure and construction materials, including sand, to government and private construction related projects in Southeast Asia. Chahaya has been involved in procuring sand in Southeast Asia, including the Philippines, for construction related projects since 2007.

 

TEPL is still actively involved in negotiations with other potential buyers of sand. An announcement will be made if an agreement arises from any of these negotiations.

 

 

 

Enquiries:

 

Tricor Plc

Chan Fook Meng - Chairman/CEO

 

+65 62362985

 

Allenby Capital Ltd (Nominated Adviser & Broker)

Jeremy Porter

Nick Naylor

James Reeve

+44 (0)20 3328 5656

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
CNTBRGDXRDDBGXR
Date   Source Headline
27th Sep 20122:32 pmRNSStatement re. Suspension - Replacement
27th Sep 20121:57 pmRNSStatement re Suspension and Notice of Results
3rd Sep 20122:44 pmRNSTotal Voting Rights
16th Aug 20123:37 pmRNSAdditional Listing, Holding in Company & TVR
31st Jul 201211:51 amRNSTotal Voting Rights
5th Jul 20123:43 pmRNSIssue of Equity
4th Jul 20122:15 pmRNSHolding in Company
29th Jun 20127:00 amRNSTotal Voting Rights
8th Jun 20121:15 pmRNSLoan Note Conversions, Holding in Company and TVR
31st May 20127:00 amRNSTotal Voting Rights
21st May 201210:12 amRNSReplacement Loan Note Conversions, Holdings, TVR
21st May 20127:00 amRNSLoan Note Conversions, Holdings in Company and TVR
18th May 201212:15 pmRNSHolding in Company
11th May 20124:15 pmRNSNew Investment Facility and Board Change
11th May 20124:00 pmRNSUpdate on VAT Tribunal
2nd May 20129:12 amRNSIssue of Equity and Total Voting Rights
30th Mar 20127:00 amRNSTotal Voting Rights
28th Mar 201211:02 amRNSLoan Note Conversions, Holding in Company and TVR
22nd Mar 20123:20 pmRNSLoan Note Conversions, Holding in Company and TVR
8th Mar 20123:57 pmRNSLoan Note Conversions, Holding in Company and TVR
7th Mar 201210:35 amRNSDirector Shareholding and Holdings in Company
29th Feb 201211:08 amRNSTotal Voting Rights
27th Feb 20128:21 amRNSEntitlement to capitalise £3.7m of debt
14th Feb 20121:23 pmRNSUpdate on VAT Tribunal and New Investment Facility
9th Feb 20125:20 pmRNSLoan Note Amendments, Conversions, City Code & TVR
2nd Feb 20123:41 pmRNSNew Facility, Conversion of Loan Notes and TVR
1st Feb 20128:00 amRNSTotal Voting Rights
30th Jan 20126:12 pmRNSNew Investment Facility
30th Jan 20121:47 pmRNSStatement re Share Price Movement
26th Jan 20124:19 pmRNSIssue of equity, directors' shareholdings and TVR
25th Jan 20129:30 amRNSAmendments to Convertible Loan Notes
17th Jan 20122:46 pmRNSHolding in Company
11th Jan 201212:14 pmRNSStmnt re Share Price Movement
6th Jan 20125:00 pmRNSDirector dealings and change of website address
3rd Jan 201212:51 pmRNSChange in Notifiable Interest
23rd Dec 201110:12 amRNSInvestment Facility and Trading Statement
14th Dec 201112:59 pmRNSUnaudited interims for period to 30 September 2011
31st Oct 201111:00 amRNSResult of AGM
29th Sep 201112:30 pmRNSNotice of AGM
27th Sep 20112:02 pmRNSFinal Results
27th Sep 20112:02 pmRNSCirc re. Proposed adoption of investing policy
27th Sep 20112:01 pmRNSJoint venture and resignation of directors
31st Aug 20117:00 amRNSTotal Voting Rights
23rd Aug 20114:30 pmRNSSettlement with employee & Update on VAT Tribunal
30th Jun 20117:30 amRNSRestoration - Tricor Plc
30th Jun 20117:30 amRNSRestoration of Trading
1st Apr 201110:41 amRNSDirectorate Change
31st Mar 201111:30 amRNSDirectorate Change
4th Mar 20117:30 amRNSAppointment of new Nominated Adviser
2nd Feb 201112:08 pmRNSResult of AGM

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.