property disposal

Company in the news

ecoWise to dispose of properties in Malaysia for RM10.5 mil

The proposed disposal is expected to strengthen the cash position, improve liquidity of ecoWise.

Offer

Samko Timber subsidiary proposes property disposal for IDR105 bil

Balaraja Factory comprises a one-storey detached plywood and other wood-products factory building and two-storey dormitory.
Far East Group subsidiary proposes property disposal for RM2.4 mil  - THE EDGE SINGAPORE

Property

Far East Group subsidiary proposes property disposal for RM2.4 mil

Given the purchase consideration, Far East Group’s gain on disposal stands at approximately $606,000.

Property

MYP’s shares surge after property disposal news

The company’s subsidiary granted its buyer an option to purchase the St. Regis Residences unit for $6.1 mil.

Company in the news

Kingsmen Creatives subsidiary proposes property disposal for $3 mil net gain

K-Fix Production has proposed the disposal of its property in Johor, Malaysia for a purchase consideration of RM46 million.
Hiap Hoe disposes Four Points by Sheraton, Melbourne Docklands for A$96 mil - THE EDGE SINGAPORE

Property

Hiap Hoe disposes Four Points by Sheraton, Melbourne Docklands for A$96 mil

The proceeds will be used for repayment of the company’s bank borrowings and for working capital use.

Property

Stamford Tyres sells unit at North Link Building for $1.7 mil

The consideration represents a premium of 1.2 times the property's net book value of $1.38 million as at April 30.

Company in the news

SUTL proposes disposal of Johor Bahru property for RM11.5 mil

The property was intended for the operation of Puteri Harbour Club which had its membership scheme scrapped in Feb 2022.

Property

Noel Gifts to sell units at 50 Playfair Road

The group owns 10 units in the building under its property investment business segment.
Sanli Environmental to consolidate operations at newly acquired 22 Chin Bee Drive - THE EDGE SINGAPORE

Company in the news

Sanli Environmental to consolidate operations at newly acquired 22 Chin Bee Drive

The company aims to streamline its corporate office and workshops while providing a centralised staff accommodation solution.
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