BUZZ-Australia's Ecofibre eyes best day in over 9 months on sale of US properties

Reuters05-13

** Shares of Ecofibre rise as much as 16.7% to A$0.063

** Stock track for best day since July 31, 2023, if gains hold

** Co's unit enters conditional agreement to sell and lease back two properties in North Carolina, U.S. as part of co's plan to reduce debt and financing risk across group

** Says, properties used in the manufacturing operations of a different unit, Ecofibre Advanced Technologies

** In a separate statement, co says John Foley appointed interim CEO

** Stock down 66.3% YTD as of last close

(Reporting by John Biju in Bengaluru)

((John.Biju@thomsonreuters.com;))

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