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property disposal
Property
Stamford Tyres sells unit at North Link Building for $1.7 mil
The consideration represents a premium of 1.2 times the property's net book value of $1.38 million as at April 30.
December 20, 2023
Company in the news
SUTL proposes disposal of Johor Bahru property for RM11.5 mil
The property was intended for the operation of Puteri Harbour Club which had its membership scheme scrapped in Feb 2022.
November 20, 2023
Property
Noel Gifts to sell units at 50 Playfair Road
The group owns 10 units in the building under its property investment business segment.
September 25, 2023
Company in the news
Sanli Environmental to consolidate operations at newly acquired 22 Chin Bee Drive
The company aims to streamline its corporate office and workshops while providing a centralised staff accommodation solution.
September 15, 2023
Property
Thakral nets $1.7 mil after divesting Osaka hotel
The group is also in the process of offloading two office buildings in Osaka. They are expected to be put on sale by September.
August 28, 2023
Property
GSH sells office units in Cecil Street for $38.8 mil
Based on GSH's accounts for the FY2022 ended Dec 31, 2022, the property’s book value stood at $27.1 million.
July 12, 2023
Property
Centurion disposes property in Korea for $21.4 mil
The disposal is slated to be completed on April 13.
April 10, 2023
Property
Ho Bee Land disposes its properties at Tannery Road and Tannery Lane for $115 mil
Ho Bee Land will have a gain on disposal of $47.1 million before selling expenses.
March 15, 2023
Property
Mencast proposes to dispose its Batam property, expects to record a loss on disposal of $0.18 mil
The property has been mortgaged to a bank in Singapore, which will be discharged before the completion of the proposed disposal.
March 09, 2023
Property
Aspial Corporation proposes to dispose Brisbane property for A$32 mil
On the same day, Aspial Corporation reported a loss of $14.7 million for the FY2022, down from the $363,000 loss in the FY2021.
February 27, 2023