E&O Unit To Sell London Land For RM427.8 Mln

KUALA LUMPUR, Aug 20 (Bernama) -- Eastern & Oriental Bhd’s (E&O) indirect wholly-owned subsidiary, Hammersmith Properties Ltd, has proposed to dispose of two freehold land parcels in Hammersmith, London, to Varsity Capital 1 Propco Ltd for a minimum cash consideration of £75 million or RM427.8 million (£1 = RM5.7040).