Skanska and Securum to list Pandox in the stock exchange
Skanska and Securum intend to list the joint owned hotel property company Pandox on the Stockholm stock exchange before the end of June this year. Listing Pandox on the stock exchange was already planned as the company was established in 1995.
SKANSKA AND SECURUM TO LIST PANDOX ON THE STOCK EXCHANGE
Skanska and Securum intend to list the joint owned hotel property company Pandox on the Stockholm stock exchange before the end of June this year. Listing Pandox on the stock exchange was already planned as the company was established in 1995.
The Swedish stockbroker, Alfred Berg, has been commissioned to list the company.
Pandox was established in 1995 as Skanska and Securum put their hotel properties - in total 15 properties with a book value of SEK 1,200 M - into a new jointly owned company.
Stockholm, March 18, 1997
SKANSKA AB SECURUM AB