Aug 1 (Reuters) - Astro Japan Property Group Ltd (AJA) Entered...

Aug 1 (Reuters) - Astro Japan Property Group Ltd (AJA)

• Entered into agreements with Jetsons Holding II Pte Ltd
• Agreement to sell property (TK) Interests to funds managed by Blackstone Real Estate
• Expected that Astro Group securityholders will receive net consideration of about $7.18, as a result of Blackstone Proposal in Oct 2017
• Astro Group securityholders will also receive normal HY distribution payable at end of Aug of 21 cents per security
• Recommends Astro Group securityholders vote in favour of Blackstone Proposal, in the absence of superior proposal