Brief: Autosports Group Purchases 98 O'Riordan Street, Alexandria
28/01/2022 01:33
Jan 28 (Reuters) - Autosports Group Ltd ASG.AX :
* AUTOSPORTS GROUP LTD - ENTERED AGREEMENT WITH JOHN NEWELL
INVESTMENTS PTY LIMITED TO PURCHASE LAND AND BUILDING AT 98
O'RIORDAN STREET, ALEXANDRIA
* AUTOSPORTS GROUP LTD - PURCHASE PRICE FOR PROPERTY IS
A$22.4
MILLION
* AUTOSPORTS GROUP LTD - INTENDS TO FUND APPROXIMATELY 90%
THROUGH
EXISTING FINANCIERS AND BALANCE THROUGH EXISTING CASH RESERVES
Source text for Eikon: ID:nASXc7LPR3
Further company coverage: ASG.AX
((Reuters.Briefs@thomsonreuters.com;))
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