Choo Chiang Holdings' (SGX:42E) wholly owned subsidiary Choo Chiang Properties, said Pu Cheng Lin Engineering has exercised an option to purchase a freehold commercial property from the group, a filing with the Singapore Exchange said on Wednesday.
The property has been sold for a consideration of SG$2.8 million, excluding goods and services tax, the filing said.
The commercial property has a floor area of around 4,133 square feet and will be sold with the existing tenancy agreement, which will expire on April 30, 2025.
Price (SGD): S$2213.84, Change: S$-18, Percent Change: -0.79%
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