Brief: Guoco Group Says JV Agreement For Project On Land Parcel At Lentor Gardens In Singapore

Guoco

22/09/2023 11:13

Sept 22 (Reuters) - Guoco Group Ltd  0053.HK :
    * JOINT VENTURE AGREEMENT FOR A PROJECT ON A LAND PARCEL AT
LENTOR
GARDENS IN SINGAPORE
    * TOTAL FUNDING CONTRIBUTION OF UNIT UNDER JV AGREEMENT IS
S$105
MILLION
    * LENTOR GARDENS PTE.  ESTABLISHED TO UNDERTAKE ACQUISITION,
DEVELOPMENT AND DEALING OF THE PROPERTY
    * PROPERTY WAS ACQUIRED THROUGH A TENDER AT A TENDER PRICE
OF
S$486.8 MILLION

Further company coverage:  0053.HK 

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