SUBSCRIBERS

Asia-Pacific Strategic Investments buying real estate agency business (Amended)

Published Tue, Jul 21, 2015 · 09:50 PM

Singapore

SINGAPORE-LISTED Asia-Pacific Strategic Investments Ltd (APSIL) has proposed to acquire Global Alliance Property (GA) - the newly combined real estate agency business of Global Property Strategic Alliance (GPS Alliance) and MORE Property - for S$2.75 million in cash and shares.

GPS Alliance's wholly owned unit Global Property Strategic Alliance (GPSA) currently holds 70.91 per cent of GA while MORE Property owns the balance stake.

BT is now on Telegram!

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