17-09-2018, 08:32 PM
WCG to Significantly Reduce Debt Profile by A$215 Million with Good Development Progress of Melbourne Skyscrappers
Highlights :
* The Group expects to record a cash inflow of approximately A$123 million, net of loans, from all the AVANT units sold to date
* To date, buyers have made settlements amounting to A$383 million for AVANT and Australia 108, comprising settlements for 401 units of AVANT totaling A$231 million and 278 units of Australia 108 totaling A$152 million
More details in http://infopub.sgx.com/FileOpen/180917%2...rofile%20A$215m.ashx?App=Announcement&FileID=525342
Highlights :
* The Group expects to record a cash inflow of approximately A$123 million, net of loans, from all the AVANT units sold to date
* To date, buyers have made settlements amounting to A$383 million for AVANT and Australia 108, comprising settlements for 401 units of AVANT totaling A$231 million and 278 units of Australia 108 totaling A$152 million
More details in http://infopub.sgx.com/FileOpen/180917%2...rofile%20A$215m.ashx?App=Announcement&FileID=525342
Specuvestor: Asset - Business - Structure.