Luks raises US$23m

PUBLISHED : Monday, 15 January, 1996, 12:00am
UPDATED : Monday, 15 January, 1996, 12:00am

LUKS Industrial Co is to grant Singapore-incorporated Hotel Properties (HPL) options to buy shares in Luks Land and Luks Cement in return for a loan of about US$23 million.

HPL had agreed to grant Luks Vietnam an on-demand facility at an interest rate of 8 per cent annually.


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Luks raises US$23m

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