19th Apr 2010 07:00
For Immediate Release 19 April 2010
CSF Group plc ("CSF Group" or the "Company")
Completion of Sale and Leaseback
The directors of CSF Group, a leading provider of data centre facilities and services in South East Asia, are pleased to advise that CSF Advisers Sdn Bhd, a wholly-owned subsidiary, has completed the sale and leaseback of the CX1 data centre. The proceeds of the disposal were RM49,317,000 (approximately £10.0 million) and the profit on the sale is expected to be approximately RM20,786,000 (approximately £4.2 million).
The key terms of the sale and leaseback transaction are as set out in the Company's recent admission document.
For further information contact:
CSF Group
+603 8318 1313
Adrian Yong, Chief Executive
Leander (Financial PR)
+44 (0)7795 0168 157
Christian Taylor-Wilkinson
Cenkos Securities plc (Nominated Adviser and Broker)
+44 (0)20 7397 8900
Ian Soanes or Elizabeth Bowman
Related Shares:
CSFG.L