Singapore Stock Market News

Yongnam Holdings - Sale and leaseback transaction

StockFanatic
Publish date: Wed, 08 Oct 2014, 10:31 AM
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■ S$60m deal with Axis REIT for its freehold production facility in Malaysia

■ Non-core gains of S$34-35m recognized upon completion (by 31 Dec 2014)

■ We believe there is potential for special dividends barring major acquisitions/projects
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