Brief: CSC Holdings entered into spa with Sime Darby Ainsdale Development and Sime Darby Plantation
07/09/2016 11:04
Sept 7 (Reuters) - CSC Holdings Ltd CSCH.SI : * Joint venture for a proposed commercial development in seremban, negeri sembilan, Malaysia) CSCH.SI * Total consideration for the purchase of the land is approximately rm43 million * Entered into two conditional spa with sime darby ainsdale development sdn bhd and sime darby Plantation sdn bhd * Agreement in relation to acquisition of two pieces of Freehold land in seremban, Malaysia, collectively measuring 15 acres in area * Says the consideration will be wholly satisfied in cash, and will be funded by bank loans * Source text for Eikon ID:nSNZ1q25Sc ((Further company coverage: CSCH.SI )) ((Bangalore.newsroom@thomsonreuters.com))
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