The property has leasehold tenure of 30 years commencing from Jan 1, 2012. The property comprises office and workshop space, with a gross floor area of approximately 1,982.4 sq m and is currently occupied by the Sanli Environmental group for its own use.
A wholly-owned subsidiary of Catalist-listed Sanli Environmental Limited (SGX:1E3
) has proposed to divest its leasehold property at 28 Kian Teck Drive for $4.95 million, owing to the group’s expansion.
According to an Aug 2 bourse filing, Sanli M&E Engineering has granted an option to purchase to a company named Global Training Services. “The purchaser is an independent and unrelated third party and has duly exercised the option on Aug 2.”
