Cambridge Industrial Trust (CIT) reported on Monday that it has gone into a concurrence with RBC Investor Services Trust Singapore Limited for the proposed offer of the rest of the leasehold enthusiasm for a property situated at Ubi for S$22.1 million, barring divestment expenses and application merchandise and ventures assess. The five-story light property, situated at 55 Ubi Avenue 3, has a gross floor region of around 141,135 square feet with a residual land residency of roughly 39 years.
AA Group Holdings reported on Monday that it has gone into a restrictive deal and buy concurrence with Poh Huat Heng Corporation (PHH) to obtain the whole issued and paid-up share capital of Engineering Manufacturing Services and its backup Germaxco for S$25 million.
This will be paid for in three courses: issuance of three-year redeemable, transferable, zero coupon bond by the organization to PHH in the foremost measure of S$7 million at finishing, novation to the organization of the S$11 million obligation owing by PHH to Engineering Manufacturing Services, and money installment of S$7 million to PHH inside one month of consummation.
Universal Healthway Corporation (IHC) will hold its EGM on Monday, Jan 23, at 2.30pm, with two primary resolutions to be viewed as: the evacuation of the four current executives who make up the whole board, and in addition the arrangement of three new chiefs.
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- WILTON RESOURCES
- TRENDLINES
- SEMBCORP MARINE
- ASL MARINE
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