Brief: Guoco Group Says Unit Entered JV Agreement With Intrepid And CSC Land, Among Others
Dec 18 (Reuters) - Guoco Group Ltd 0053.HK :
* UNIT ENTERED INTO JV AGREEMENT WITH INTREPID AND CSC LAND
AS
WELL AS LCP
* PROPERTY WAS ACQUIRED THROUGH A TENDER AT A TENDER PRICE
OF
S$435.2 MILLION
* DEAL FOR DEVELOPMENT OF PROPERTY ACCORDING TO AGREED JV
PROPORTION OF UNIT, INTREPID AND CSC LAND
* TOTAL FUNDING CONTRIBUTION OF UNIT UNDER JV AGREEMENT IS
S$47.3
MILLION
Further company coverage: 0053.HK
((Reuters.Briefs@thomsonreuters.com;))
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