Brief: Boustead Projects Signs Option Agreement For KTG & Boustead Industrial Logistics Jsc
02/06/2021 02:42
June 2 (Reuters) - Boustead Projects Ltd BOUS.SI :
* BOUSTEAD PROJECTS SIGNS OPTION AGREEMENT FOR KTG &
BOUSTEAD
INDUSTRIAL LOGISTICS JSC
* AS PART OF OPTION DEAL, CO WILL PAY A FULLY-REFUNDABLE
OPTION
DEPOSIT TO KTG IN 3 TRANCHE PAYMENTS TOTALLING USD12.5 MILLION
* KTG WILL PROVIDE UNIT WITH A CALL OPTION TO PURCHASE 49.0%
OF
ISSUED AND PAID-UP SHARE CAPITAL OF HOLDING CO
Source text for Eikon: ID:nSNZ4nnDbF
Further company coverage: BOUS.SI
((Reuters.Briefs@thomsonreuters.com;))
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