Asset Acquisitions and Disposals::ACQUISITION OF KH KEA BUILDING

Issuer & Securities

Issuer/ Manager
UOL GROUP LIMITED
Securities
UOL GROUP LIMITED - SG1S83002349 - U14
Stapled Security
No

Announcement Details

Announcement Title
Asset Acquisitions and Disposals
Date &Time of Broadcast
22-Nov-2019 17:24:07
Status
New
Announcement Sub Title
ACQUISITION OF KH KEA BUILDING
Announcement Reference
SG191122OTHRBK5G
Submitted By (Co./ Ind. Name)
Yeong Sien Seu
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
The Board of Directors of UOL Group Limited wishes to announce that K.H. KEA Properties Pte Ltd has by a letter dated 22 November 2019 accepted the tender bid submitted by the Company for the purchase of the property comprised in Lots 284X and 929A, both of Town Subdivision 11 together with the building known as "KH KEA Building" thereon at a purchase price of S$79,300,000.

Please see attached detailed announcement.

Attachments