King Wan has paid 1% of the $9.5 million on Dec 26, 2024 upon issuance of the option, while 4% has been paid upon the exercise of the option on March 17.
King Wan Corporation has exercised the option to acquire a property located at 15 Joo Koon Way for $9.5 million, according to a bourse filing on March 17.
The property is a leasehold property with a leasehold interest for a term of 30 years starting Dec 1, 2009. It is made up of a single detached factory block and a rear extension erected on Lot 558W of Mukim 7 with a land area of 9353.9 square metres.
