Asset Acquisitions and Disposals::Exercise of Option to Purchase the Property at BLK 209 New Upp Changi Rd #01-631

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
08-Apr-2016 17:07:48
Status
New
Announcement Sub Title
Exercise of Option to Purchase the Property at BLK 209 New Upp Changi Rd #01-631
Announcement Reference
SG160408OTHR6GD2
Submitted By (Co./ Ind. Name)
Lim Hock Chee
Designation
CEO
Description (Please provide a detailed description of the event in the box below)
Sheng Siong Supermarket Pte Ltd, a wholly-owned subsidiary of Sheng Siong Group Ltd, was granted an option to purchase the commercial premises situated at Block 209 New Upper Changi Road #01-631 Singapore 460209 for an aggregate consideration of S$53,037,022.50. Sheng Siong Supermarket Pte Ltd has exercised the option on 8 April 2016. Please refer to the details attached.

Attachments