Under a call option with the seller in August 2018, the option holder has the right to purchase the 1,400 sqm property for A$20 million.
SINGAPORE (Mar 16): Construction company Wee Hur is acquiring a plot of land at Moore Street in Canberra, Australia, for a total purchase consideration of A$29 million ($25.3 million).
Wholly-owned subsidiary Wee Hur (Buranda 2) (WHB2) has entered into a call option nomination deed with option holder Moore Canberra Property Pty Ltd ATF Moore Canberra Property Unit Trust in relation to the proposed acquisition.
