CSE Global's (SGX:544) indirect wholly owned subsidiary, Volta Properties, agreed to sell its industrial property located in Houston, Texas, US, to Gladstone Commercial.
The property is an industrial manufacturing property with two buildings around 16.68 acres of land, according to a filing with the Singapore Exchange on Friday.
The aggregate value of the consideration for the proposed disposal is $29.3 million.
Proceeds raised from the disposal will be used to free up capital to purchase a larger property in US.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。