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A26 Sinarmas Land News Story

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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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