The group first proposed to sell its Australian PBSA segment to GS Australia Student Venture I Mid Trust for a net consideration of A$355 million ($319.8 million) on Dec 16, 2024.
Majority of Wee Hur Holdings (SGX:E3B
) ’ shareholders have voted in favour for the sale of its seven purpose-build student accommodation (PBSA) in Australia in its extraordinary general meeting (EGM) held on Feb 28, according to a bourse filing on March 10.
About 99.93% of all shareholders voted for the proposed disposal, while 0.07% voted against.
