CHINA NEXT-GEN (03928) Plans to Sell Singapore Property

Stock News

Nov 10

CHINA NEXT-GEN (03928) announced on November 10, 2025, that Shengde Development and Poh Wah Group intend to sell a property to 2K Property Pte Ltd. for SGD 8.8 million. The property is located at 114 Lavender Street #01-68, CT Hub 2, Singapore 338729.

Considering the group's current financial condition and business operations, the board believes the sale presents an opportunity to realize the property's value at a reasonable price. The proceeds from the transaction will improve the group's financial position and enhance general working capital.

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