Wednesday 25 November 2015

Today's SGX Stocks News: Viva Industrial Trust acquired two properties worth $122.7 million


SGX Stocks Update: Viva Industrial Trust has finished the procurement of two properties situated at 19 Tai Seng Avenue and 11 Ubi Road 1 for an aggregate thought of $122.7 million.

The buy thought for the Tai Seng Property is $42.0 million (barring a forthright land premium for the parity of the starting 30-year lease term of S$4.4 million) while the buy thought for the Ubi Property is $80.7 million (barring a forthright land premium for the parity of the beginning 30-year lease term of $5.4 million). The acquisitions were subsidized by a mix of a $73.0 million five year term credit office conceded by Hong Leong Finance and the returns from the private position of 52,047,200 new stapled securities which was propelled and shut on 18 November 2015.

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Shangri-la hkd
United Engineeres.sg
Petra Foods
 
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