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Completion of Sale and Leaseback

19th Apr 2010 07:00

RNS Number : 3534K
CSF Group PLC
19 April 2010
 



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

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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