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35 - Far East Consortium International News Story

HK$2.6 0.0  0.4%

Last Trade - 8:08am

Sector
Financials
Size
Mid Cap
Market Cap £595.1m
Enterprise Value £2.52bn
Revenue £521.8m
Position in Universe 1022nd / 5963

BRIEF-Far East Consortium International To Form JVs For Acquisition Of Hotel In Singapore

Thu 19th September, 2019 1:05am
Sept 19 (Reuters) - Far East Consortium International Ltd
 0035.HK :
    * ANNOUNCES FORMATION OF JOINT VENTURES FOR ACQUISITION OF
HOTEL
IN SINGAPORE AT S$289 MILLION
    * DORSETT AND AMTD FORMED JVCOS AND ENTERED INTO
SHAREHOLDERS'
AGREEMENTS WITH RESPECTIVE JVCO
    * GROUP'S TOTAL COMMITMENT FOR FORMATION OF JVCOS FOR
ACQUISITIONS
IS S$141.6 MILLION

Source text for Eikon:  ID:nHKS962bVv 
Further company coverage:  0035.HK 

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