BRIEF-Astrapak Ltd announces disposal worth 88 mln rand

  • Reuters
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BRIEF-Astrapak Ltd announces disposal worth 88 mln rand
Credit: © Reuters.

Nov 15 (Reuters) - Astrapak Limited APKJ.J :

* Aggregate consideration payable in respect of transaction is r88 million.

* Entered into an agreement to dispose of certain properties located in industrial area of Denver, Johannesburg

* Says purchase consideration will be settled in cash and will be applied by Astrapak to further reduce its level of gearing Source text for Eikon: ID:nJseO0013a Further company coverage: APKJ.J

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