News: MWY Midway Ltd Says FIRB Approves The Sale Of Plantation Land

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    Oct 5 (Reuters) - Midway Ltd (MWY) :

    • FIRB APPROVES THE SALE OF PLANTATION LAND
    • APPROVED SALE OF BROWNFIELD HARDWOOD PLANTATIONS IN SOUTH-WEST VICTORIA TO A UNIT OF MUNICH RE
    • SALE FOR AN ESTIMATED A$154.1 MILLION
    • FIRB HAS ALSO APPROVED PROPOSED ACQUISITION BY UNIT OF AN ADDITIONAL A$200 MILLION
    • ADDITIONAL ACQUISITION BY UNIT TO ESTABLISH GREENFIELD HARDWOOD PLANTATIONS
 
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