TT International

TT International - The grp this morning annouced that is has completed the Investment Agreement of its Big Box Project. TT International has invested approximately $95.0m in Big Box. With the completion, TT International now owns 75% of the total issued share capital of BB (comprising ordinary and preference shares), with the remaining 25% held by Prima BB and Utraco Investment which have collectively injected an aggregate $92.0m into the Project located at Jurong East Street 11. Grp note that The Completion of the agreement marks an important milestone in the advancement of the Big Box and look forward to the early completion of the project financing agreement.