StockMarketWire.com - Health and community care property partner Ashley House said it had completed the sale of its 50% stake in Morgan Ashley Care Developments to its joint venture partner Morgan Sindall Investments.

The sale came as the company sought funds to meet short term cash requirements and restructure and return its focus to its key strengths as a developer of health and wellness buildings, as well as driving opportunities for its modular business, F1 Modular.


At 9:02am: [LON:ASH] Ashley House PLC share price was +0.45p at 5.1p



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