24-04-2018, 01:11 PM
Acquisiton of Pei-Fu Industrial Building in the Ordinary Course of Business
SLB Development Ltd. announced that the Company’s 51% indirectly owned subsidiary, Oxley Kyanite Pte. Ltd., has on 24 April 2018 exercised an option to purchase all the units in the development known as “Pei-Fu Industrial Building” at 24 New Industrial Road, Singapore 536210 from the respective owners of the said units.
The total purchase price of the Property is S$76.25 million
The Property is a freehold industrial property with a land area of approximately 5,792.1 square metres. The Group intends to redevelop the Property, subject to obtaining all the necessary approvals from the relevant authorities.
More details in http://infopub.sgx.com/FileOpen/180424_A...eID=500538
SLB Development Ltd. announced that the Company’s 51% indirectly owned subsidiary, Oxley Kyanite Pte. Ltd., has on 24 April 2018 exercised an option to purchase all the units in the development known as “Pei-Fu Industrial Building” at 24 New Industrial Road, Singapore 536210 from the respective owners of the said units.
The total purchase price of the Property is S$76.25 million
The Property is a freehold industrial property with a land area of approximately 5,792.1 square metres. The Group intends to redevelop the Property, subject to obtaining all the necessary approvals from the relevant authorities.
More details in http://infopub.sgx.com/FileOpen/180424_A...eID=500538
Specuvestor: Asset - Business - Structure.