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2003-8-25 09:58:00 a.m. HKT, XFNA
HK's Sea Holdings unit to take over Austrian Growth Properties
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HONG KONG (AFX-ASIA) - Sea Holdings Ltd (251.HK) said its 55.16 pct
indirectly-owned unit Trans Tasman Properties (AGP) Pty Ltd (TTPA) has agreed
to acquire the remaining 49.87 pct stake in Austrian Growth Properties Ltd
(AGP) for 127.90 mln aud.
Upon completion of the offer, TTPA will wholly own AGP, the company said
in a statement.
(1 usd = 7.8 hkd)
susanna.tai@afxasia.com
st/skb
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