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Austock Group Ltd Completes Sale Of Residual Interest To Folkestone Limited


Monday, 7 Jan 2013 06:44pm EST 

Austock Group Ltd announced that it has sold its residual 35% interest in Folkestone SI 1 Pty Ltd (formerly Austock Property Funds Management Pty Ltd) to Folkestone Limited effective December 31, 2012. Upon sale of its residual interest, Austock has received AUD 5.5 million in cash from Folkestone in consideration of all amounts owing by Folkestone under the Share Sale Agreement. 

Company Quote

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26 Nov 2014