Soon Hock Enterprise Subsidiary to Dispose of Leasehold Property in Singapore

MT Newswires

Dec 01, 2025

Soon Hock Enterprise's (SGX:SHE) subsidiary, Soon Hock Property Development, granted Vivre Creative Design an option to purchase its leasehold property in Singapore for SG$1.5 million, according to a Friday filing with the Singapore Exchange.

Shares of the property developer were up nearly 1% in Monday trading.

The purchaser is required to exercise the option by Feb. 27, 2026. The property is located at 8 Kaki Bukit Avenue 4 #02-02 Singapore. It has a lease of 60 years, starting from Dec. 15, 2010.

The divestment is seen by the company as an opportunity to realize a gain on the disposal and to provide the company with additional working capital.

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The property is located at 8 Kaki Bukit Avenue 4 #02-02 Singapore. It has a lease of 60 years, starting from Dec. 15, 2010.</p><p>The divestment is seen by the company as an opportunity to realize a gain on the disposal and to provide the company with additional working capital.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SHE.SI","symbol_name":"Soon Hock","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2588741136","we_media_id":"1060499803","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2588741136","pubTimestamp":1764572609,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"MT Newswires","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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