BHCC Holding Ltd. Announces Joint Venture and S$3 Million Tender Deposit for Industrial Development in Singapore

Reuters
09/09
BHCC Holding Ltd. Announces Joint Venture and S$3 Million Tender Deposit for Industrial Development in Singapore

BHCC Holding Ltd., a company listed on the Main Board of the Stock Exchange of Hong Kong, has announced a significant transaction involving its subsidiary, BHCC Project 2, based in Singapore. The company has entered into a discloseable and connected transaction concerning the payment of a tender deposit for a real estate project. The deposit, amounting to approximately S$3,000,000 (equivalent to around HK$18,000,000), is part of the conditions for a tender submission related to a land lease in Singapore. The initiative aims to expand BHCC's property development portfolio. If the tender is accepted, BHCC Project 2, along with other parties, plans to form a joint venture company to lease and develop the land. The transaction aligns with market norms and has been deemed fair and reasonable by the company's Board and independent non-executive directors.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. BHCC Holding Ltd. published the original content used to generate this news brief on September 09, 2025, and is solely responsible for the information contained therein.

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