MMP Resources plans to buy Hokkaido ski operator for S$1m
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Singapore
MMP Resources, formerly known as Sino Construction, is planning to acquire Hokkaido ski operator JRT Trading for 80 million yen (S$1.05 million) in cash. On top of that, it will repay over two years a 37.5 million yen loan that JRT Trading owes.
The group said on Monday that it has entered into a non-binding heads of agreement with the vendor, Clayton Anthony Kernaghan, on the deal.
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