RL Properties is a joint venture between RL Properties (a wholly-owned subsidiary of Roxy-Pacific Holdings), Macly Capital and LWH Holdings.
TA Corporation, on April 1, announced that it has proposed to dispose of its property, 12 On Shan at 12 Shan Road for $86.5 million.
TA Corporation’s indirect wholly-owned subsidiary, TA Realty, had issued an option to purchase dated March 11 to RL Properties. The option was validly exercised by the latter on March 31.
