Cambium Global Timberland Ltd - plantation forest owner - Signs two agreements for the sale of the land of Forquilha farm in Minas Gerais, Brazil.
First contract is at a value of BRL3.5 million, around GBP498,519, while the second contract is worth BRL15.4 million.
Following the sale, Cambium's sole remaining investment property will be its claim on the Lizarda property in Tocantins, which is valued at nothing in the company's accounts.
Current stock price: 6.00 pence
Year-to-date change: udown 52%
By Dayo Laniyan; dayolaniyan@alliancenews.com
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