Brief: Sinarmas Land Says Unit Entered Into Sale And Purchase Agreement With Ls London Holdings One
May 12 (Reuters) - Sinarmas Land:
* UNIT ENTERED INTO SALE AND PURCHASE AGREEMENT WITH LS
LONDON
HOLDINGS ONE
* CONSIDERATION FOR PROPOSED ACQUISITION IS ESTIMATED TO BE
ABOUT
S$334 MILLION
* DEAL FOR PURCHASE OF ENTIRE ISSUED SHARE CAPITAL OF LS
CITY &
WEST END
* OF VIEW THAT PROPOSED ACQUISITION WILL FURTHER STRENGTHEN
GROUP'S RECURRING INCOME
Further company coverage: SINA.SI
((Reuters.Briefs@thomsonreuters.com;))
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