May 20 (Reuters) - Hafary Holdings Ltd HFRY.SI :
* Joint venture for the proposed acquisition of shophouse) HFRY.SI
* Purchase consideration for the proposed acquisition is s$4.1 million
* The jv co has entered into a sale and purchase agreement with the
administrator for the estate of pang teck wah
* Proposed acquisition will be financed through bank borrowings and internal
resources of the company
* Proposed acquisition is not expected to have any material impact on earnings
per share for current financial year ending 31 December 2016
* Source text for Eikon urn:newsml:reuters.com:*:nSNZkw6sB
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