Brief: Olive Tree Estates Updates On Kempas Agreement

Evologic International

04/04/2019 11:28

April 4 (Reuters) - Olive Tree Estates Ltd  OLIV.SI :
    * UNIT AND REGAL SAPPHIRE AGREED TO RENEGOTIATE KEMPAS
AGREEMENT
WITH A VIEW TO EXECUTING A TURNKEY AGREEMENT
    * TREE TOP REALTY AND REGAL SAPPHIRE ARE IN NEGOTIATIONS ON
POTENTIAL JV ARRANGEMENTS ABOUT KEMPAS LAND ON MUTUALLY
BENEFICIAL TERMS
    * ENVISAGED THAT CO WILL ONLY HAVE TO CONTRIBUTE REQUISITE
CAPITAL
TO SUPPORT CONSTRUCTION OF KEMPAS INDUSTRIAL PROJECT

Source text for Eikon:  urn:newsml:reuters.com:*:nSNZ8Wnrrn
Further company coverage:  OLIV.SI 

 ((Reuters.Briefs@thomsonreuters.com;))