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First Sponsor sells Amsterdam office building to associate

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Fiona Lam

Fiona Lam

Published Thu, Nov 28, 2019 · 09:50 PM

    Singapore

    PROPERTY developer First Sponsor has sold its entire share capital in a wholly-owned subsidiary that has a perpetual leasehold interest in a land parcel in the Netherlands to a 33 per cent-owned associate firm, FSMC NL Property Group.

    As a result, the subsidiary, FS NL Zuidoost Property 15 BV (NLP15), has become an indirect 33 per cent-owned associate company of First Sponsor, the mainboard-listed group said in a filing on Thursday.

    first sponsor

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