SINGAPORE (Oct 31): Singapore eDevelopment (SeD) on Monday gave progress reports on its three core business units of International Property Development, IT and Investment businesses.

In its SGX filing, the company remains optimistic that its strategic actions will accelerate corporate recovery and enhance shareholder value in the mid to long-term.

International Property Development
SeD currently owns two US land sub-division projects, Black Oak and Ballenger Run under SeD Home. While Black Oak is affected by the uncertainty of the US Presidential elections and the possibility of renegotiated sales commitments, Ballenger Run has experienced opposite fortunes, with collaborations with NVR and QingJian International Group, underscoring its attractiveness to investors.

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