Brief: Sinarmas Land says to divest unit's interest in Golden Bay Realty (Private) Ltd

Hiap Hoe

03/11/2017 11:25

Nov 3 (Reuters) - Sinarmas Land Ltd  SINA.SI  
    * Unit AFP Land entered into a conditional sale and 
purchase 
agreement with Hiap Hoe Ltd 
    * Agreement to divest unit's interest in Golden Bay Realty 
(Private) Limited for S$162 million 
    * Expects to recognise gain on disposal of about S$109 
million 
 
Source text for Eikon:  urn:newsml:reuters.com:*:nSN1tjY7S 
Further company coverage:  SINA.SI  
 
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