AJA astro japan property group

spring investment forms new fund to invest y8b

  1. 205 Posts.
    Just came across the following news:

    Spring Investment established a new blind-pool type fund. The company acquired a commercial space for a condominium building located in Mimami-ku, Yokohama City as the first investment for the fund. It will proceed with further property acquisitions and plans to expand the fund?s AUM to around 8 billion yen [$92 million] by June 2012.
    source: http://realestate.nikkeibp.co.jp/

    Given that AJA owns a significant share in Spring Investment, I wonder why there is no ASX announcement. I am going to email AJA if there is no announcement on Monday.

    Cheers and DYOR.

    Snowfree

 
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