APAC Realty to Acquire Remaining Shares in ERA Graharealty

MT Newswires09-11 14:46

APAR Realty (SGX:CLN) has proposed to acquire the remaining shares in ERA Graharealty that it does not already own, according to a Friday Singapore Exchange filing.

Currently, the property developer holds 860.6 million shares in ERA, which will be delisted from the Indonesian Stock Exchange.

The offer price for the acquisition of shares is 250 Indonesian rupiah.

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