Brief: Hiap Hoe Says Disposal Of Four Points By Sheraton, Melbourne Docklands
05/02/2024 01:05
Feb 5 (Reuters) - Hiap Hoe Ltd HIAP.SI :
* DISPOSAL OF FOUR POINTS BY SHERATON, MELBOURNE DOCKLANDS
* SALE CONSIDERATION OF PROPERTIES A$96 MILLION
* UNIT ENTERED INTO SALE AND PURCHASE AGREEMENT ON 2 FEB
WITH WFM
FINANCIAL HOLDINGS PTY LTD
* INTENDS TO USE PROCEEDS OF DISPOSAL FOR REPAYMENT OF
GROUP'S
BANK BORROWINGS
Source text for Eikon: ID:nSN2GbN2h
Further company coverage: HIAP.SI
(Reporting by Archishma Iyer)
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