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Home » WestProp to separate US$130m land bank

WestProp to separate US$130m land bank

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Omega Ukama News Editor WESTPROP Holdings is seeking shareholder approv­al to remove its US$129,8 million Pomona City land bank from the listed property group, formalising a bal­ance-sheet restructuring first disclosed in April. The company published a circular last week out­lining a scheme of reconstruction under which the 161,51-hectare Pomona City land bank will be trans­ferred…

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