UOS united overseas australia limited
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News: UOS United Overseas Australia Says Entered Into JV Agreement With Capitaland (Vietnam)...

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    11/12/23
    17:45
    Post #: 71389747

    Dec 11 (Reuters) - United Overseas Australia Ltd (UOS) :

    • UOA VIETNAM BDC PTE ENTERED INTO A JOINT VENTURE AGREEMENT WITH CAPITALAND (VIETNAM) HOLDINGS PTE
    • JV HAS CAPITAL COMMITMENTS TO FUND PROJECT TOTALLING US$247.1 MILLION
    • UOAV'S SHARE OF CAPITAL COMMITMENTS US$74.13 MILLION
    • MOU TO IDENTIFY AND ACQUIRE A PROJECT SUITABLE FOR COMPANY AND CLV
    • UOAV WILL HOLD A 30% STAKE IN JV
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