Sheng Siong Receives Offer Letter from JTC for Lease of Land

MT Newswires

08/29

Sheng Siong's (SGX:OV8) subsidiary, C M M Marketing Management, received a letter of offer from JTC for the lease of a land at Sungei Kadut Street 1, Singapore, according to a filing with the Singapore Exchange on Thursday.

Shares of the company were up over 1% in Friday trading.

Under the letter, the lease of the land is for a period of 33 years, with the company currently reviewing the offer details.

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