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ACW Holdings

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AEI to sell Penjuru Lane property for $19 mil to help fund proposed transition into new businesses

SINGAPORE (Dec 30): AEI Corporation has entered into a put and call option agreement to sell its premises at 12 Penjuru Lane in western Singapore to logistics provider ACW Holdings for $19 million – more than 10 times the book value of the property.

December 30, 2019

The Edge Publishing Pte Ltd.