BRIEF-Mapletree Logistics Trust Announces Proposed Divestment Of 10 Tuas Avenue 13
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Nov 10 (Reuters) - Mapletree Logistics Trust:
* PROPOSED DIVESTMENT OF 10 TUAS AVENUE 13
* SALE PRICE OF S$11.11 MILLION
* HSBC INSTITUTIONAL TRUST SERVICES (SINGAPORE) ENTERED INTO PURCHASE AGREEMENT WITH UNRELATED THIRD PARTY
* CAPITAL RELEASED FROM DIVESTMENT WILL PROVIDE CO WITH GREATER FINANCIAL FLEXIBILITY
* AGREEMENT FOR PROPOSED DIVESTMENT OF 10 TUAS AVENUE 13 IN SINGAPORE
* PROPOSED DIVESTMENT IS EXPECTED TO BE COMPLETED BY Q3 OF FY23/24 Source text for Eikon: Further company coverage: