Soon Hock Group Wins Tender for Acquisition of Kewalram House in Singapore with a Transaction Value of S$120.51 Million
NewTimeSpace News: On March 24, 2026, the board of directors of Soon Hock Group issued an announcement stating that the en bloc acquisition tender for the Kewalram House project in Singapore submitted by its wholly-owned subsidiary, Soon Hock (4) Pte Ltd, has been officially awarded.
According to the announcement, the Kewalram House project to be acquired comprises 28, 30, 32, 34, 36 Jalan Kilang Barat and 8 Jalan Kilang Timor in Singapore, with a total transaction value of S$120.51 million.
Soon Hock Group stated that this acquisition is of great strategic significance, providing the group with a valuable redevelopment opportunity, aligning with the company's long-term growth objectives, and will further enrich and optimize the group's industrial property portfolio.
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