ASG 0.92% $2.16 autosports group limited.

News: ASG Autosports Group Agrees To Acquire Fortitude Valley Property

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    Oct 14 (Reuters) - Autosports Group Ltd (ASG) :

    • AUTOSPORTS GROUP AGREES TO ACQUIRE FORTITUDE VALLEY PROPERTY
    • PURCHASE PRICE FOR PROPERTY IS A$98 MILLION PLUS STAMP DUTY
    • ACQUISITION IS CONDITIONAL ON OBTAINING A REPLACEMENT COUNCIL PERMIT
    • INTENDS TO FUND 80% OF ACQUISITION THROUGH EXISTING FINANCIERS AND BALANCE THROUGH CASH RESERVES
 
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