Brief: Soho Development signs LoI concerning sale of Recyling Park and Recycling Park Kamionka

Soho Development SA

29/03/2017 10:00

March 29 (Reuters) - Soho Development SA  SHD.WA : 
    * Said on Tuesday that is signed on own behalf and as a 
manager of portfolio of Progress Fundusz Inwestycyjny Zamkniety 
Aktywow Niepublicznych (Progress FIZ AN) with Recyling Park 
Investment sp. z o.o (seller) a letter of intent (LoI) 
concerning acquisition of Recyling Park sp. z o.o. (Recyling 
Park) and Recycling Park Kamionka sp. z o.o. (Recycling Park 
Kamionka) by a company from investment segment (buyer) 
    * Progress FIZ AN owns directly and indirectly 99 pct shares 
of Recyling Park and Recycling Park Kamionka  
    * LoI concerns sell of 100 pct shares in Recyling Park and 
Recycling Park Kamionka for 11.0 million zlotys  ($2.80 million) 
    * Buyer to carry out due diligence tests on Recyling Park 
and Recycling Park Kamionka  
    * The purchase deal to be signed until July 31 
 
     
 Source text for Eikon:  urn:newsml:reuters.com:*:nEM1rnwjw 
     
 Further company coverage:  SHD.WA   
    
 
 
 
($1 = 3.9279 zlotys) 
 
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