Soon Hock Enterprise Completes Acquisition of 20 Shaw Road Property for S$367,956
Link: https://links.sgx.com/1.0.0/corporate-announcements/K4IYP06AD6THTOZJ/da9065cc5a30c9c61fcb1ce576c86f6d27d1e5a914cf3351284ba4b29261d6a2
Summary:
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Soon Hock Enterprise Holding Limited subsidiary Soon Hock (1) Pte. Ltd. obtained legal title to the property at 20 Shaw Road Singapore on November 28, 2025, completing the acquisition process
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The Group initially obtained beneficial interest in the property on April 4, 2025 through a Letter of Acceptance, pending collective sale approval which was granted by the Strata Titles Board on August 26, 2025
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Legal completion proceeded as scheduled on November 28, 2025 with no appeals filed against the Sale Order, finalizing the property transfer
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The acquisition is not expected to materially impact the company's consolidated net tangible assets or earnings per share for the financial year ending December 31, 2025
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No directors or controlling shareholders have any interest in the transaction beyond their existing shareholdings in the company