Tuesday, June 19, 2012

FCOT

FCOT: Update to proposed sale of KeyPoint to Bayfront Ventures for $360m. Co has issued a circular seeking approval. The estimated net proceeds from the sale is $357.8m and the Trust expects to make a gain of $72.8m on the disposal, based on the latest current use valuation of the property as at May 31, 2012.

No comments:

Post a Comment