Brief: Starland Holdings Limited entered into sale and purchase agreement

Luminor Financial Holdings

23/09/2016 16:26

Sept 23 (Reuters) - Starland Holdings Limited   STHO.SI : 
    * Pdf 1: Starland Holdings Limited (Proposed Disposal Of 
Entire Issued Share Capital Of Starland Axis And Starland 
Commercial Trading)  STHO.SI  
    * Aggregate sale consideration for sale of sale equity 
interest will be an amount in cash equal to sum of RMB179.4 
million 
    * Will recognise net profit of about RMB169.6 million from 
proposed disposal 
    * Entered into a sale and purchase agreement ("spa") with 
Grp Limited 
    * Deal for proposed disposal of entire issued and paid up 
share capital of co's units, Starland Axis Pte. and Starland 
Commercial Trading Pte. 
 
Source text for Eikon:  ID:nSNZ1dP3j6  
Further company coverage:  STHO.SI  
 
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