SINGAPORE (THE BUSINESS TIMES) - Oxley Holdings and Oxley Beryl, which owns the former Chevron House, have entered into property sale agreements for the retail and commercial units in the 30 Raffles Place development for a total of some $315 million.. Read more at straitstimes.com.
SINGAPORE - Oxley Holdings and Oxley Beryl, which owns the former Chevron House, have entered into property sale agreements for the retail and commercial units in the 30 Raffles Place development for a total of some $315 million.
Both sales are undertaken on a collective basis, and will be completed simultaneously on June 30 or another date the parties may agree on, said Oxley Holdings in a bourse filing on Monday evening . On completion of the strata lot sales, Oxley Holdings will enter into a deed of rental support as well as an asset management agreement with the two buyers.
Oxley Holdings said its aggregate liability under the deed of rental support and the asset management agreement is not expected to exceed 5 per cent of the total purchase price of about $315 million for the retail lots and commercial lots over the two-year period.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Google faces employee petition to end tech sales to policeOAKLAND: More than 1,600 workers at Alphabet Inc are petitioning its Google unit to stop selling email and other services to police departments, a ...
Read more »
Nirvana frontman Kurt Cobain's 'Unplugged' guitar sells for record US$6 million at auctionLOS ANGELES (AFP) - The guitar that grunge rock icon Kurt Cobain played during his legendary 1993 MTV Unplugged performance was sold on Saturday (June 20) for a record US$6 million (S$8.38 million), the auction house said.. Read more at straitstimes.com.
Read more »
Cobain 'Unplugged' guitar sells for record US$6 million at auctionThe guitar that grunge rock icon Kurt Cobain played during his legendary 1993 MTV Unplugged performance sold Saturday for a record $6 million, the ...
Read more »
Toshiba: Plan to monetise Kioxio stake, return majority proceeds to shareholdersJapan's Toshiba Corp said on Monday it planned to monetise its 40.2per cent stake in former flash memory chips unit Kioxia Holdings, stating its ...
Read more »
China Maple Leaf agrees to buy Singapore’s Canadian SchoolChina Maple Leaf Educational Systems has agreed to acquire the Canadian International School in Singapore in a deal valued at S$680 million. YahooFinance
Read more »
Seven more UOB branches in shopping malls and retail areas to reopen on MondaySINGAPORE (THE BUSINESS TIMES) - United Overseas Bank (UOB) will reopen seven additional branches in shopping malls and retail areas on Monday (June 22) after Singapore commenced the second phase of reopening last Friday, adding to the 48 UOB branches that are already open islandwide.. Read more at straitstimes.com.
Read more »