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| Exchange Disseminated Time | The Exchange had sought clarification from Future Lifestyle Fashions Ltd with respect to news appearing in Mint on January 2, 2015 titled "Future Group eyes asset sales to reduce debt."
Future Lifestyle Fashions Ltd replied stating "We deny any such transaction at this stage.
As reiterated in our earlier correspondence, we have been following a consistent corporate governance policy of informing the shareholders with right information but refrain from commenting on any such news items, to avoid any speculative activity. With regard to the present news item, we deny having any such discussion of asset sales to reduce debt." |
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