Brief: Ascendas India Trust Enters Construction Funding And Forward Purchase Deal With Arshiya Ltd Unit
11/07/2019 02:12
July 11 (Reuters) - Ascendas India Trust AINT.SI :
* ENTERED INTO A CONSTRUCTION FUNDING AND FORWARD PURCHASE
AGREEMENT WITH A SUBSIDIARY OF ARSHIYA LIMITED
* TOTAL CONSIDERATION FOR TRANSACTION IS ESTIMATED AT S$42.1
MILLION
* AGREEMENT FOR DEVELOPMENT OF AN ADDITIONAL WAREHOUSE AT
ARSHIYA
FREE TRADE WAREHOUSING ZONE, PANVEL, MUMBAI
Source text for Eikon: ID:nSN3vtY04
Further company coverage: AINT.SI
((Reuters.Briefs@thomsonreuters.com;))
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