Brief: Sing Holdings enters into property sale agreement with GL Investment Co

Sing Holdings

17/10/2016 10:37

Oct 17 (Reuters) -    Sing Holdings Ltd  SHDS.SI : 
    * Sing holdings ltd- purchase consideration payable to 
vendor in cash under agreement is a$107.0 million 
    * Entered into a conditional property sale agreement with gl 
investment co melbourne pty ltd 
    * Sing holdings- acquisition not expected to have material 
impact on consolidated net tangible assets per share and 
consolidated earnings per share 
    * Acquisition will be funded by group's internal resources 
and bank borrowings 
    * Acquisition of travelodge docklands in melbourne, 
australia 
 
 
     
     
     
    Source text for Eikon:  ID:nSNZ6LQlfm  
    Further company coverage:  SHDS.SI  
 
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