BRIEF-Straits Trading Co Announces New Partnership In South Korea, Development Project In Adelaide
June 20 (Reuters) - Straits Trading Company Ltd:
* STRAITS TRADING COMPANY LTD ANNOUNCES INVESTMENT IN SOUTH KOREA
* ENTERS NEW STRATEGIC PARTNERSHIP WITH IGIS ASSET MANAGEMENT IN SOUTH KOREA TO DEVELOP PORTFOLIO OF LOGISTICS FACILITIES
* ANNOUNCES NEW PARTNERSHIP IN SOUTH KOREA AND A NEW DEVELOPMENT PROJECT IN ADELAIDE, SOUTH AUSTRALIA
* INITIAL CAPITAL COMMITMENT OF KRW110 BILLION (APPROXIMATELY SGD127 MILLION) FOR PARTNERSHIP WITH IGIS ASSET MANAGEMENT
* TOTAL DEVELOPMENT COST FOR PROJECT IS ESTIMATED AT A$44.3 MILLION FOR ADELAIDE PROJECT Source text for Eikon: Further company coverage: