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S9B Amcorp Global News Story

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Brief: TEE Land updates on proposed acquisition of commercial units in Sydney

Dec 24 (Reuters) - TEE Land Ltd  TEEL.SI : 
 * Proposed acquisition of two commercial units in Sydney, Australia 
 * Group will finance the acquisitions using its own internal funds and bank borrowings 
 * Acquisitions not expected to have any material impact on the group's EPS for the financial year ending 31 May 2016 
 * Says further entered into contracts to undertake certain acquisitions of properties 
 
 * Source text for Eikon  ID:nSNZ3C72QH  
 
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