Kimly (SGX: 1D0) has entered into a joint venture with 206 Holdings to manage a Housing and Development Board coffee shop lease at Block 206 Toa Payoh North in Singapore, according to a Monday filing on the Singapore Exchange.
Kimly's wholly owned subsidiary, Kimly Makan Place, will hold a 49% stake in the joint venture company, 206 Management Food Court, with 206 Holdings owning the remaining 51%. Kimly's investment includes S$49,000 in share capital and a S$735,000 lease assignment fee, bringing its total commitment to S$784,000.
The venture aligns with Kimly's strategy to expand its food retail network and secure rental revenue streams.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。