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Unity Pacific Update on Expressions of Interest Processes

  • Published April 08, 2016 4:06PM UTC
  • Publisher Wholesale Investor
  • Categories Company Updates

8th April 2016, ASX Announcement

Unity Pacific Limited (ASX: UPG) (Unity Pacific) provides the following update in relation to the expressions of interest (EOI) process for:

  • the sale of its investment property located at 308 Queen Street/88 Creek Street, Brisbane; and
  • the corporate vehicle including remaining assets of Unity Pacific

Unity is currently evaluating the submissions received during both processes.

The Board advises that offers have been received for 308 Queen Street/88 Creek Street that are above the 30 June 2015 independent valuation amount of $34.1 million.

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