The balance of the purchase consideration, together with goods and services tax, shall be paid no later than 12 weeks from the date of the exercise of the option, or Sept 3, 2025.
Enviro-Hub Holdings has been granted an option to purchase a leasehold property at 1 Tech Park Crescent for $5.55 million, and through its subsidiary, it will pay 4% of the purchase consideration by way of a letter of nomination, according to a bourse filing on June 11.
The wholly-owned subsidiary of the company, Cimelia Resource Recovery, has accepted and exercised the option on June 11 to pay $220.000, or 4% of the total purchase consideration to the vendor of the property, Leoch Battery.
