Asset Acquisitions and Disposals::Disposal of New Brook Buildings, London, UK

Issuer & Securities

Issuer/ Manager
SINARMAS LAND LIMITED
Securities
SINARMAS LAND LIMITED - SG1E97853881 - A26
Stapled Security
No

Announcement Details

Announcement Title
Asset Acquisitions and Disposals
Date &Time of Broadcast
12-Dec-2014 18:19:48
Status
New
Announcement Sub Title
Disposal of New Brook Buildings, London, UK
Announcement Reference
SG141212OTHRWD3X
Submitted By (Co./ Ind. Name)
Kimberley Lye Chor Mei
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
The Board of Directors of Sinarmas Land Limited ("SML" or the "Company" and together with its subsidiaries, the "Group") wishes to announce that SML Jersey Brook Pte Limited and SML Brook Partners Pte Limited, both wholly-owned subsidiaries of the Group, have on 11 December 2014 entered into an agreement (the "Agreement") for the sale of the property known as New Brook Buildings, 8-18 Great Queen Street, London, United Kingdom for an aggregate cash consideration of GBP113,400,000 (equivalent to SGD233,717,400).

Please see attached for further details.

Attachments