SINGAPORE (Yosefardi) – Sinarmas Land Limited, through its subsidiary SML Alpha S.a.r.l, has entered into a sale and purchase agreement to acquire Agamemnon S.a.r.l and Triton Court GP Ltd.
SML Alpha signed agreement with Resolution III Holdings S.a.r.l, K Agamemnon S.a.r.l and Globecastle Limited. The transaction valuing for GBP258.7 million (equivalent to SGD551.3 million) is expected to complete in September 2015.
Agamemnon is based in Luxembourg and Triton is incorporated in England and Wales. Agamemnon and Triton own 100% of the partnership interest in Finsbury Square (Triton Court 2012) Limited Partnership.