Shouyi Holdings (02227. HK) plans to sell Singapore Property for p $9.5 million

On January 3, glonghui Shouyi Holdings (02227. HK) announced that the buyer soligen construction and Engineering Pte Ltd accepted and exercised the option granted by the seller sing MOH Electrical Engineering Pte Ltd (an indirect wholly-owned subsidiary of the company) under the option agreement on January 3, 2022. Accordingly, the seller agreed to sell, The buyer agrees to purchase the property for S $9.5 million according to the terms and conditions of the option agreement.

It is reported that the property is located at 14 Tagore Lane Singapore 787475. On the date of the announcement, the seller was the legal and beneficial owner of the property. The property is used for offices, warehouses and dormitories. At present, the group only uses dormitories for its foreign workers, while offices and warehouses are rented to independent third parties. The property will be vacated on completion.

(gelonghui)

 

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