Brief: Maxi-Cash Financial Services Corp Propose To Buy Aspial Property Investment From Aspial Corp

Aspial Lifestyle

10/07/2019 12:58

July 10 (Reuters) - Maxi-Cash Financial Services Corporation
Ltd  MAXI.SI :
    * INTENDS TO ENTER INTO A REVOLVING LOAN AGREEMENT WITH
ASPIAL
CORP AND ASPIAL TREASURY PTE
    * ASPIAL AND/OR ASPIAL TREASURY SHALL EXTEND TERM LOANS TO
MAXI-CASH GROUP IN FORM OF A REVOLVING CREDIT LINE, FOR S$50
MILLION
    * ASPIAL TO SELL ASPIAL PROPERTY INVESTMENT PTE TO CO
PURSUANT TO
SPA ENTERED ON JULY 10
    * AGGREGATE CONSIDERATION PAYABLE BY COMPANY FOR PROPOSED
ACQUISITION ON CLOSING IS S$5.4 MLN

Source text for Eikon:  ID:nSN7WMmz9 
Further company coverage:  MAXI.SI 

 ((Reuters.Briefs@thomsonreuters.com;))