February 22, 2018 / 10:36 AM / 9 months ago

BRIEF-SUTL Enterprise To Buy Stake In Makham Bay Marina Co For S$5.6 Mln

Feb 22 (Reuters) - SUTL Enterprise Ltd:

* ENTERS CONDITIONAL SALE AND PURCHASE AGREEMENT TO ACQUIRE 60% STAKE IN MAKHAM BAY MARINA CO., LTD. FOR S$5.6 MILLION

* WILL BE INVOLVED IN CONSTRUCTION OF INTEGRATED MARINA CLUB AND FACILITIES; PROJECT’S TOTAL CONSTRUCTION COST ESTIMATED S$24.3 MILLION​ Source text for Eikon: Further company coverage:

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