Brief: Eagle Ride Investment Holdings Says Co Entered MoU With Creators HQ Co.

Goldstone Investment

01/09/2020 16:25

Sept 1 (Reuters) - Eagle Ride Investment Holdings Ltd
 0901.HK :
    * ENTERED MOU WITH CREATORS HQ CO.
    * UNDER MOU, A JOINT INVESTMENT HOLDING CO AND A REAL ESTATE
INVESTMENT FUND WILL BE FORMED
    * LEGAL FORM OF FUND IS EXPECTED TO BE A LLC WITH EXPECTED
MATURITY OF THREE YEARS
    * TOTAL SIZE OF FIRST PHASE IS EXPECTED TO BE 10 BILLION
BAHT
(HK$2.5 BILLION)
    * FUND MAINLY INVESTS IN VARIOUS HOTEL, REAL ESTATE
DEVELOPMENT
AND TOURISM REAL ESTATE SECTORS IN THAILAND

Source text for Eikon:  ID:nHKS1Dmb59 
Further company coverage:  0901.HK 

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