Contract

RJP sale discussed

PUBLISHED : Wednesday, 09 April, 1997, 12:00am
UPDATED : Wednesday, 09 April, 1997, 12:00am

Applied International Holdings, the electronics and property concern, says it has entered into preliminary negotiations for the possible sale of its 41.84 per cent stake in RJP Electronics.


In a stock exchange announcement, the companies said, however, that no binding agreement had yet been struck and that the disposal may or may not proceed.