MGC mg unit trust
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Sept 4 (Reuters) - Mg Unit Trust (MGC) : AFTER SAPUTO ASSET...

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    04/09/18
    09:45
    Post #: 35393813

    Sept 4 (Reuters) - Mg Unit Trust (MGC) :

    • AFTER SAPUTO ASSET SALE WORKING CAPITAL ADJUSTMENT, ESTIMATE OF NET VALUE PER SHARE/UNIT SALE PROCEEDS REMAINS AT $1.25 TO $1.30
    • SALE WORKING CAPITAL ADJUSTMENT RESULTS IN OVERALL GAIN ON SALE $19.2 MILLION VERSUS GAIN ON SALE ESTIMATED IN FY FINANCIAL STATEMENTS $35.9 MILLION
    • SAPUTO ASSET SALE WORKING CAPITAL ADJUSTMENT TO BE RECOGNISED IN INTERIM FINANCIAL STATEMENTS FOR DEC 31, 2018
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