SUBSCRIBERS

Tee Land unit sells Sydney hotel for A$32m

Published Sun, Apr 16, 2017 · 09:50 PM

Singapore

TEE Land said an indirect 55 per cent owned subsidiary entered into a contract to sell Quality Hotel CKS Sydney Airport on April 13 for A$32 million (S$33.63 million).

The buyer is Australia Ao Bo Assets Management Pty Ltd as trustee for the Bo Lian Unit Trust.

"The purchaser is an independent and unrelated third party," Tee Land said in a regulatory filing with th…

KEYWORDS IN THIS ARTICLE

Australia

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes

Companies & Markets

UBS lifts Chinese stocks to overweight in rare upgrade call
China acquired recently banned Nvidia chips in Super Micro, Dell servers, tenders show
Citi picks Amit Dhawan to head Singapore commercial bank operations
Fintech startup Qashier gets in-principle approval for major payment institution licence from MAS
China finance ministry echoes Xi’s call for bond trading at PBOC
Bank of Japan to hold rates with focus on hawkish signals to buoy yen

Purchase this article

Companies & Markets

Companies & Markets

Tee Land unit sells Sydney hotel for A$32m

KEYWORDS IN THIS ARTICLE

Companies & Markets

UBS lifts Chinese stocks to overweight in rare upgrade call

China acquired recently banned Nvidia chips in Super Micro, Dell servers, tenders show

Citi picks Amit Dhawan to head Singapore commercial bank operations

Fintech startup Qashier gets in-principle approval for major payment institution licence from MAS

China finance ministry echoes Xi’s call for bond trading at PBOC

Bank of Japan to hold rates with focus on hawkish signals to buoy yen

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

SECTIONS

LIFESTYLE

Follow BT