Brief: Ascendas India Trust Announces Proposed Investment In Warehousing Development By Arshiya Ltd
Feb 11 (Reuters) - Ascendas India Trust AINT.SI :
* ANNOUNCES SIGNING OF NON-BINDING TERM SHEETS FOR PROPOSED
INVESTMENT IN WAREHOUSING DEVELOPMENT BY ARSHIYA LIMITED
* GROSS CONSIDERATION FOR ACQUISITION COMPRISES PAYMENT OF
S$7.5
MILLION AND ADDITIONAL DEFERRED CONSIDERATION OF UP TO S$16.03
MILLION
Source text for Eikon: urn:newsml:reuters.com:*:nSNZ7m4K1v
Further company coverage: AINT.SI
((Reuters.Briefs@thomsonreuters.com;))
Recent news on Arshiya
See all newsMedia: India's Adani, JSW line up for insolvent logistics firm Arshiya - ET
Brief: Arshiya Approved Re-Appointment Of Ajay S Mittal As Chairman, MD
Brief: Arshiya Says Financial Creditor Of Co Has Filed Applications Under Section 7 Of Ibc Code, 2016
India's Arshiya eyes worst day in 2 weeks on NCLAT stay order on unit
Brief: Arshiya Says NCLAT Issued Stay Order Against NCLT Directive To Begin Insolvency Process Against Unit