EDC eildon capital group
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News: EDC Eildon Capital Says Enters Binding Agreement To Dispose Of Its 35% Interest In 79 Logan...

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    05/04/23
    11:00
    Post #: 67144357

    April 5 (Reuters) - Eildon Capital Ltd (EDC) :

    • ENTERED INTO A BINDING AGREEMENT TO DISPOSE OF ITS 35% INTEREST IN 79 LOGAN ROAD TRUST TO JOINT VENTURE PARTNERS CVC AND URBAN
    • INDEPENDENT BOARD COMMITTEE UNANIMOUSLY RECOMMENDS THAT GROUP SECURITYHOLDERS VOTE IN FAVOUR OF TRANSACTION
    • DISPOSAL FOR A$8.4 MILLION
    • DISPOSAL WOULD RESULT IN NET PROCEEDS OF A$6.9 MILLION
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78.5¢ 		Change
0.035(4.67%) 		Mkt cap ! $37.75M
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78.5¢ 78.5¢ 78.5¢ $16 21

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