HS Optimus Holdings Completes Sale of Two Office Units at CT Hub, Singapore; Nets S$1.17 Million Positive Cash Flow
Link: https://links.sgx.com/1.0.0/corporate-announcements/7EMJV2FHQ9C3286V/82949d2395928eb45517cc66d8ce2038888df60cae96e41de9ad1280dcbb344e
Summary:
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On 14 November 2025, the company completed the sale of two office units at 2 Kallang Ave, CT Hub, Singapore, for a total purchase consideration of S$2,520,888 (excluding GST).
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The purchaser paid S$2,394,843.60 upon completion (95% of the price, balance after deducting earlier payments).
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The disposal resulted in a net positive cash inflow of approximately S$1,166,239, after settling related expenses and repaying amounts owed to the lender.
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The transaction had been previously announced on 4 August and 21 August 2025.
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The completion strengthens the company’s balance sheet with added liquidity from non-core asset sale.
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Announcement signed by Executive Director & COO Chia Fook Sam on 17 November 2025.