Asset Acquisitions and Disposals::UPDATE ON OPTION TO PURCHASE THE PROPERTY AT BLOCK 506 TAMPINES CENTRAL 1 #01-361 SINGAPORE 520506

Issuer & Securities

Issuer/ Manager
SHENG SIONG GROUP LTD.
Securities
SHENG SIONG GROUP LTD - SG2D54973185 - OV8
Stapled Security
No

Announcement Details

Announcement Title
Asset Acquisitions and Disposals
Date &Time of Broadcast
11-Sep-2014 22:41:17
Status
New
Announcement Sub Title
UPDATE ON OPTION TO PURCHASE THE PROPERTY AT BLOCK 506 TAMPINES CENTRAL 1 #01-361 SINGAPORE 520506
Announcement Reference
SG140911OTHRORF3
Submitted By (Co./ Ind. Name)
Lim Hock Chee
Designation
CEO
Description (Please provide a detailed description of the event in the box below)
The Company previously announced on 9 Jun 2014 that the Proposed Acquisition is subject to, inter alia, the receipt of HDB s approval for the Proposed Acquisition within 12 weeks from the date of acceptance of the Option ( Long-Stop Date ).

The Company wishes to announce that its wholly-owned subsidiary, Sheng Siong Supermarket Pte Ltd (the Purchaser), and the Vendor have agreed to extend the Long-Stop Date to 31 December 2014.

Pls refer to the attachment for more updates.

Attachments

UpdateAnnouncement_506TampinesCentral_11Sep2014.pdf
Total size =81K