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H15 Hotel Properties News Story

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Brief: Hotel Properties Says Unit To Dispose Of All 7 Shop Units It Owns In Ming Arcade By Way Of Public Tender To Royal Hiranandani

Dec 20 (Reuters) - Hotel Properties Ltd  HPPS.SI :
    * COLLECTIVE SALE OF COMMERCIAL UNITS AT MING ARCADE
    * UNIT TO DISPOSE OF ALL 7 SHOP UNITS THAT IT OWNS IN MING
ARCADE
BY WAY OF PUBLIC TENDER TO ROYAL HIRANANDANI PTE LTD
    * DISPOSAL EXPECTED TO RESULT IN GAIN OF ABOUT S$61 MILLION
FOR
GROUP

Source text for Eikon:  ID:nSN7ghNL3 
Further company coverage:  HPPS.SI 
 ((Reuters.Briefs@thomsonreuters.com;))

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