BRIEF-Sim Lian enters into sale and purchase agreements for A$133 mln

Mon, 24 Feb - 7:52pm

Feb 24 (Reuters) - Sim Lian Group Ltd SIML.SI :

* Entered into sale and purchase agreements to acquire 100 percent interest in

portfolio of investment grade neighbourhood shopping centres in Australia

* Transaction value of the portfolio pursuant to the acquisition is A$133

million

* Acquisition not expected to have any material impact on consolidated earnings

and net tangible assets per share of co for FY ending 30 June 2014

* Source text for Eikon News Search ID:nSNZ5mxCcy

((For more news, please click here SIML.SI ))

((Bangalore Newsroom; +91 806749 1130))

URN: 
urn:newsml:reuters.com:20140224:nWNBS00C6T:7
Topics: 
REAL HK REOP REDV SG AU FINS CMPNY EMRG ASIA BLR DEAL1 LEN MRG RTRS BACT ASEAN REGS FIN CN

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