Brief: Oxley Holdings Proposes Sale Of Overseas Asset
30/06/2021 01:11
June 30 (Reuters) - Oxley Holdings Ltd OXHL.SI :
* PROPOSED SALE OF AN OVERSEAS ASSET IN ORDINARY COURSE OF
BUSINESS
* PROPERTY WILL BE SOLD AT PRICE OF APPROXIMATELY S$100
MILLION
* PROCEEDS FROM SALE WILL CONTRIBUTE POSITIVELY TO CASHFLOW
OF
GROUP
* SALE, IF COMPLETED BY 30 JUNE 2022, IS EXPECTED TO HAVE A
MATERIAL IMPACT ON EXPECTED EPS OF COMPANY FOR FY ENDING 30 JUNE
2022
Source text for Eikon: ID:nSNZd01b7
Further company coverage: OXHL.SI
((Reuters.Briefs@thomsonreuters.com;))
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