SHANGRI-LA ASIA (00069) Subsidiary to Lease Units at West Wing of City Square

Stock News
2025/12/05

SHANGRI-LA ASIA (00069) announced that its wholly-owned subsidiary, Shangri-La International Hotel Management Pte. Ltd., has entered into a binding letter of offer to lease office space at City Square. The leased property comprises Units 09, 10, 11, 11A, and 12 on the 16th floor of the West Wing of City Square. The lessor is GWC Commercial Pte. Ltd., with a lease term of seven years commencing on January 1, 2026. The group will utilize the leased premises as its corporate office in Singapore. Considering the location and surrounding facilities, the board believes the lease arrangement will benefit the group's daily business operations.

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