For the company, revenue is recognised when control over the property has been transferred to the customer.
Soon Hock Enterprise Holding has lodged its preliminary prospectus with the Monetary Authority of Singapore (MAS) for the proposed listing of the company on the mainboard of the Singapore Exchange Securities Trading (SGX-ST).
The industrial real estate developer is in the business of developing and selling industrial properties before completion and construction of properties. The company says that it has been involved in the launch of more than 1,200 units of strata-titled industrial properties in the country.
