BRIEF-GuocoLand Says Joint Tender Worth S$779.6 Mln Accepted For A Land Parcel At Upper Thomson Road
April 16 (Reuters) - GuocoLand Ltd:
* TENDER SUBMITTED BY UNIT WITH INTREPID INVESTMENTS PTE FOR A LAND PARCEL AT UPPER THOMSON ROAD HAS BEEN ACCEPTED
* TENDER FOR LAND PARCEL AT UPPER THOMSON ROAD HAS BEEN ACCEPTED BY URBAN REDEVELOPMENT AUTHORITY OF SINGAPORE
* TENDER AT A BID PRICE OF S$779.6 MILLION
* INTEREST HOLDINGS OF GLS AND INTREPID IN LAND PARCEL ARE 60% AND 40% RESPECTIVELY
* FOR TENDER, PARTIES HAD ENTERED INTO A MEMORANDUM OF GENERAL AGREEMENT Further company coverage: