Business
Disposal of investment proper
Disposal of investment proper.
About this update from Kazera Global Plc
[{"type":"text","content":"\n RNS Number : 5504B Managed Support Services PLC 18 August 2008 \n \nManaged Support Services plc \n(the 'Company')\n\nDisposal of Investment Property\n\nThe Board is pleased to announce that it has successfully disposed of an investment property in Swinton, Manchester which generated a rental income of £96,000 per annum. The net cash proceeds of the sale are £1.3 million which the Company will add to the Group's existing cash resources. The sale will generate an exceptional profit of £290,000 in the period to 30 September 2008.\n \n\n\n\n\n\nManaged Support Services plc\nSimon Beart\n \n\n\n01483 735702\n\n\n\n\nCenkos Securities plc\nNicholas Wells\n \n\n\n020 7397 8924\n\n\n\n\n\n\nThis information is provided by RNSThe company news service from the London Stock Exchange END MSCUWVORWBRWAAR \n ","length":2668,"tagName":"div"}]