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Published Mon, Jun 11, 2018 · 09:50 PM

First Sponsor Group

A 31.4 per cent-owned associate of First Sponsor Group is selling its stake in Dutch hotel Bilderberg Landgoed Lauswolt for 6.88 million euros (S$10.8 million).

First Sponsor's associate Queens Bilderberg (Nederland) had on June 9, 2018, reached an agreement to sell its 18,152-share stake in Landgoed Lauswolt - which owns the hotel - at one euro apiece to Landgoed Oranjewoud Participaties, the property player said on Monday before the market opened.

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