Brief: Stamford Land Entered Into Property Sale Agreement

Stamford Land

10/10/2022 12:02

Oct 10 (Reuters) - Stamford Land Corporation Ltd
 SFLD.SI :
    * ENTERED INTO PROPERTY SALE AGREEMENT WITH ALBERT STREET
HOTEL
FOR SALE OF CO'S PROPERTY AT ALBERT STREET
    * ENTERED INTO BUSINESS SALE AGREEMENT WITH ALBERT STREET
OPERATIONS TO SELL A PART OF HOTEL BUSINESS
    * DEALS FOR TOTAL SALE PRICE OF NZ$170.0 MILLION
    * NET PROFIT IN CONNECTION WITH PROPOSED BUSINESS DISPOSAL
IS
ESTIMATED TO BE NZ$18.0 MILLION

Source text for Eikon:  ID:nSN6z4drr 
Further company coverage:  SFLD.SI 
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