Brief: Ascendas India Trust says unit to buy Arshiya Rail Siding And Infrastructure Ltd

CapitaLand India Trust

23/11/2017 13:29

Nov 23 (Reuters) - Ascendas India Trust  AINT.SI  
    * Ascendas Property Fund (India) enters deal to buy Arshiya 
Rail 
Siding And Infrastructure Limited 
    * Consideration for acquisition comprises upfront payment of 
S$91.4 million & deferred consideration up to S$21.1 million 
over next 4 yrs 
    * FY2016/2017 pro forma net profit attributable to 
acquisition is 
about S$5.5 million 
    * Financial impact of deal on DPU expected to be about 0.20 
Singapore cents per unit in A-iTrust 
 
Source text for Eikon:  urn:newsml:reuters.com:*:nSNZ1Vq3yR 
Further company coverage:  AINT.SI  
 
 (bangalore.newsroom@thomsonreuters.com)