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Oxley@23
PROPOSED SALE OF AN OVERSEAS ASSET IN THE ORDINARY COURSE OF BUSINESS
Under the Contract, the Property will be sold at the price of approximately S$100 million (the “Sale Price”).
Based on the audited financial statements of the Group for the financial year ended 30 June 2020, the Property had a book value of approximately S$60 million as at 30 June 2020.
The Sale, if completed by 30 June 2022, is expected to have a material impact on the expected earnings per share of the Company for the financial year ending 30 June 2022.
https://links.sgx.com/FileOpen/Annc%20-%...eID=672979
Stay home and stay safe, everyone.
PROPOSED SALE OF AN OVERSEAS ASSET IN THE ORDINARY COURSE OF BUSINESS
Under the Contract, the Property will be sold at the price of approximately S$100 million (the “Sale Price”).
Based on the audited financial statements of the Group for the financial year ended 30 June 2020, the Property had a book value of approximately S$60 million as at 30 June 2020.
The Sale, if completed by 30 June 2022, is expected to have a material impact on the expected earnings per share of the Company for the financial year ending 30 June 2022.
https://links.sgx.com/FileOpen/Annc%20-%...eID=672979
Stay home and stay safe, everyone.
