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Natural Cool Holdings to sell warehouse & office property for $4.3 mil

Property

Natural Cool Holdings to sell warehouse & office property for $4.3 mil

Michelle Zhu Published on Thu, Nov 23, 2017 / 6:21 PM GMT+8

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SINGAPORE (Nov 23): Natural Cool Holdings is selling its property at 38 Lok Yang Way for a consideration of $4.3 million to Hwee Metal Works.

The manufacturer of steel structures and components on Thursday exercised its option to purchase granted by Natural Cool’s subsidiary, Loh & Sons Paint (L&S).

38 Lok Yang Way, which is valued at $4.2 million as of 15 Nov, formed part of the assets of L&S when it was acquired by the group 2015.

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