Back 26 Aug 2025

Yamada Green Resources Acquires Residential Property in Osaka, Japan

Link: https://links.sgx.com/1.0.0/corporate-announcements/YRBECHLT8SBAFQ52/063d1f12e7854efed8097db59e080cc4e862c454fe7c547b802a1e66a1498f73

Summary:

  • Wholly owned subsidiary acquired 3-storey building and land in Minatoharu, Osaka, for JPY 90 million to grow its property investment and rental business in Japan.

  • Property consists of 9 residential units (8 fully tenanted); potential annual rental income is JPY 6.32 million if fully occupied.

  • Strengthens group’s diversification outside of China and complements other recent Osaka property acquisitions.

  • Deal funded from internal resources; SPA signed 26 August 2025, with completion by 19 September 2025.

  • Annual rental (after one-off fees and expenses) expected to contribute positively to group earnings from September 2025.

  • No directors or controlling shareholders have a direct interest in the transaction.

  • No shareholder approval required as relative figures fall below SGX thresholds for major transactions.

  1. https://links.sgx.com/FileOpen/Yamada%20Acquisition%20of%20land%20and%20building%20in%20Minatoharu%20Osaka%20Final.ashx?App=Announcement&FileID=857119