Back 17 Nov 2025

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:

  • 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).

  • The purchaser paid S$2,394,843.60 upon completion (95% of the price, balance after deducting earlier payments).

  • 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.

  • The transaction had been previously announced on 4 August and 21 August 2025.

  • The completion strengthens the company’s balance sheet with added liquidity from non-core asset sale.

  • Announcement signed by Executive Director & COO Chia Fook Sam on 17 November 2025.

  1. https://links.sgx.com/FileOpen/Announcement%20-%20Completion%20of%20the%20disposal_17112025.ashx?App=Announcement&FileID=867308