Business
Further re Disposal
Further re Disposal.
About this update from Cml Microsystems Plc
[{"type":"text","content":"\n CML MICROSYSTMES PLC\n27 August 1999\n\n\n CML Microsystems Plc ('the Company')\n \n Disposal of Microsense Systems Limited ('MSL')\n \n \nFurther to the announcement made on 3 August 1999 the\nCompany is pleased to announce the completion on 26\nAugust 1999 of the disposal of its 60% holding in MSL to\nTraffic Signals UK Limited, the group's traffic business\nfor a nominal fee of £60.\n\nIn the year ended 31 March 1999, MSL made losses before\ntax of £559k. At 31 March 1999, MSL had net liabilities\nof £537k.\n\n27 August 1999\n\n\nFor further information:\n\nNigel Clark CML Microsystems Plc Tel: 01376 513833\n\nLulu Bridges Tavistock Communications Tel: 0171 600 2288\n\n \n ","length":1010,"tagName":"div"}]