SINGAPORE (April 26): The trustee-manager of Croesus Retail Trust, says it has been approached in connection with a potential transaction which may or may not lead to an acquisition of all the issued units in CRT.

“Discussions are preliminary and there is no certainty or assurance whatsoever that these discussions will result in any transaction,” says Croesus Retail Asset Management.

The trustee-manager has appointed Citigroup Global Markets Singapore as its financial adviser in connection with such approach.

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