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BRIEF-Croesus Retail Trust announces increase in shareholdings in subsidiaries
September 20, 2017 / 12:16 PM / 3 months ago

BRIEF-Croesus Retail Trust announces increase in shareholdings in subsidiaries

Sept 20 (Reuters) - Croesus Retail Trust

* Announces increase in shareholdings in subsidiaries for asset enhancement initiatives

* Trustee-manager has subscribed for additional 245 million class B preference shares in Apple 1 TMK

* Trustee-Manager has subscribed for an additional 255 million class a preference shares in Apple 2 TMK Holdings Pte. Ltd

* Consideration funded by drawing loan facility of JPY3.0 billion

* Aggregate consideration for subscription of Apple 1 relevant shares is JPY245 million and JPY255 million for Apple 2 Source (reut.rs/2xiGqW8) Further company coverage:

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