Edvance International (HKG:1410) unit Edvance Property Investment (Singapore) agreed to grant Sunho Investment options to purchase two properties in Singapore for a total consideration of nearly SG$5.6 million, a Dec. 6 bourse filing said.
The buyer can exercise the option by Dec. 30, with completion expected on or before March 25.
The computer security service company will use proceeds from the disposal for general working capital.