BRIEF-FRR Corp says boards of both Newlease and FRR unanimously agreed to proceed with transaction

Feb 19 (Reuters) - FRR Corporation Ltd FRR.AX :

* Transaction update FRR.AX

* Says refers to the previously announced transaction to acquire all of the issued capital of newlease pty limited

* Says boards of both of newlease and FRR have unanimously agreed to proceed with the transaction

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