Enviro-Hub Holdings Ltd. – Completion of 1 Tech Park Crescent Acquisition (3 September 2025)
Link: https://links.sgx.com/1.0.0/corporate-announcements/7Y60SQSN0ODE2HUM/52286db005d1c5e21c09a1c0f059e6e3c73652d1167ed20d509eccd659c221c2
Summary:
-
Acquisition Completed: Enviro-Hub has completed the purchase of the leasehold property at 1 Tech Park Crescent, Singapore 638131.
-
Purchase Price: S$5,550,000, in line with the independent valuation as of 1 August 2025.
-
Funding Structure: Acquisition was funded through internal resources and a S$4,400,000 loan facility from Hong Leong Finance Ltd.; balance paid in cash.
-
Payment Timeline: Option fee of S$55,500 (1%) paid on 29 May 2025; deposit of S$222,000 (4%) on 11 June 2025; remaining balance (S$5,272,500 plus GST) settled upon completion.
-
Secured Loan: S$4.4 million loan, secured by a corporate guarantee from Enviro-Hub Holdings Ltd., with terms remaining in effect until full repayment and binding under any corporate restructuring.
-
No financial performance, segment, or outlook updates disclosed in this announcement.
-
Investor Guidance: Investors are advised to await further announcements and exercise caution in trading company shares.links.sgx