Metro Holdings Limited announced on Jan, 19 2026 that it has been informed of Jumbo Group of Restaurants Pte. Ltd.’s plan to participate in a joint venture for the acquisition of the leasehold interest in 26 Tai Seng Street, Singapore.

Metro, through its indirect wholly owned subsidiary Metrobilt Construction Pte Ltd, currently owns 26% of the units and 7.0 per cent Notes due 2031 issued by Perpetual (Asia) Limited in its capacity as trustee of Boustead Industrial Fund, the entity involved in the proposed transaction.

The Company said the proposed investment is not expected to have any significant effect on the Group’s consolidated net tangible assets per share or earnings per share for the financial year ending Mar, 31 2026.

Metro added that none of its directors or controlling shareholders has any direct or indirect interest in the planned investment beyond their shareholdings in the Company.