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1H2 - Olive Tree Estates News Story

S$0.075 0.0  0.0%

Last Trade - 08/07/20

Sector
Financials
Size
Micro Cap
Market Cap £2.87m
Enterprise Value £8.04m
Revenue £627k
Position in Universe 5936th / 5983

BRIEF-Olive Tree Estates Updates On Kempas Agreement

Thu 4th April, 2019 11:28am
April 4 (Reuters) - Olive Tree Estates Ltd  OLIV.SI :
    * UNIT AND REGAL SAPPHIRE AGREED TO RENEGOTIATE KEMPAS
AGREEMENT
WITH A VIEW TO EXECUTING A TURNKEY AGREEMENT
    * TREE TOP REALTY AND REGAL SAPPHIRE ARE IN NEGOTIATIONS ON
POTENTIAL JV ARRANGEMENTS ABOUT KEMPAS LAND ON MUTUALLY
BENEFICIAL TERMS
    * ENVISAGED THAT CO WILL ONLY HAVE TO CONTRIBUTE REQUISITE
CAPITAL
TO SUPPORT CONSTRUCTION OF KEMPAS INDUSTRIAL PROJECT

Source text for Eikon:  urn:newsml:reuters.com:*:nSNZ8Wnrrn
Further company coverage:  OLIV.SI 

 ((Reuters.Briefs@thomsonreuters.com;))
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