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00106 LANDSEA MGMT
RTNominal unchange0.060 0.000 (0.000%)
Others

09/01/2020 10:05

Landsea PPT (00106) to buy Arizona residential business

[ET Net News Agency, 9 January 2020] Landsea Green Properties Co., Ltd. (00106) said
its subsidiary Landsea Homes of Arizona, LLC has agreed to buy all of the issued and
outstanding membership interests of GWH Holdings, LLC (the target company) at a total
consideration of US$50.7 million.
The target company's operations primarily consist of land acquisition and development,
construction, and the sale of single family residential units. It owned or controlled
approximately 1,917 lots of lands in Greater Phoenix area, Arizona, USA as of 31 October
2019. (RC)

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