Brief: BBI Development Signs LOI With Foreign Entity From Real Estate Sector
15/03/2023 13:42
March 15 (Reuters) - BBI Development SA BBD.WA :
* SIGNS LETTER OF INTENT (LOI) WITH FOREIGN ENTITY FROM
DEVELOPMENT INDUSTRY
* LOI TO CREATE CONSORTIUM TO OBTAIN FINANCING FOR
CONSTRUCTION OF
INFRASTRUCTURE NECESSARY FOR HOUSING INVESTMENT CARRIED OUT
ABROAD
* UNDER LOI PARTIES TO CONDUCT NEGOTIATIONS REGARDING
INVESTMENT
AGREEMENT OR PRELIMINARY INVESTMENT AGREEMENT
* LOI TO BE VALID FOR 12 MONTHS
Source text for Eikon: ID:nEMDdjQba
Further company coverage: BBD.WA
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