Brief: Metro Holdings Says Unit Enters Into JV Agreement With Sim Lian Holdings Pte Ltd
08/11/2019 11:59
Nov 8 (Reuters) - Metro Holdings Ltd MTHL.SI :
* UNIT ENTERED INTO A JV AGREEMENT WITH SIM LIAN HOLDINGS
PTE LTD
* DEAL FOR PROPOSED ACQUISITION OF 20% STAKE IN PORTFOLIO OF
14
QUALITY FREEHOLD OFFICE & RETAIL PROPERTIES IN AUSTRALIA FOR
A$95.8 MILLION
* UNDER JVA, BOTH PARTIES WILL SET UP ASSET MANAGEMENT
COMPANY
WHERE METRO SL AUSTRALIA WILL HOLD 20%
Source text for Eikon: ID:nGLFJcFmg
Further company coverage: MTHL.SI
(Reuters.Briefs@thomsonreuters.com)
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