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02 Oct 2025
CFM Holdings Updates on Proposed Disposal of Ang Mo Kio Property; Option Exercised and Payment Delivered
Link: https://links.sgx.com/1.0.0/corporate-announcements/8CJBJVR4XTIR180G/81fdf8eb23117090eb7a39872b70bdf7dfeb85ab4418d871eeb8b91c4cc27067
Summary:
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The purchaser has exercised the options and made the second payment for the proposed disposal of 3 Ang Mo Kio Street 62, #05-15 and #05-16, LINK@AMK, Singapore 569139, as of 2 October 2025.
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The transaction qualifies as a “discloseable transaction” under Catalist Rule 1006 (relative figures between 5% and 50%), so shareholder approval is not required.
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Completion of the disposal is still subject to certain conditions, and there is no certainty it will be finalized.
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Shareholders and investors are advised to exercise caution and watch for further announcements regarding material developments.