Brief: Property Perfect Enters JV With Grande Asset Hotels And Property PCL & Sumitomo Forestry Singapore
July 6 (Reuters) - Property Perfect Pcl PF.BK :
* TO ENTER INTO JV WITH GRANDE ASSET HOTELS AND PROPERTY
PUBLIC
COMPANY LIMITED & SUMITOMO FORESTRY SINGAPORE LTD.
* REGISTERED CAPITAL OF JV CO TO BE 300 MILLION BAHT
* PROPERTY PERFECT-CO TO HOLD 9 PERCENT STAKE IN JV
CO;GRANDE
ASSET HOTELS AND PROPERTY & SUMITOMO FORESTRY SINGAPORE TO HOLD
42 PERCENT & 49 PERCENT, RESPECTIVELY
Source text for Eikon: ID:nSETlpmPQa
Further company coverage: PF.BK
((Reuters.Briefs@thomsonreuters.com;))
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