Keong Hong Dumps 20% Shares in JV With MCSK Pte. Ltd
Keong Hong Dumps 20% Shares in JV With MCSK Pte. Ltd
In connection with the proposed disposal, the parties have further on 3 December 2024 entered into an agreement to purchase (ATP), pursuant to which the Vendor agreed to arrange a definitive sale and purchase agreement to be entered into in relation to the proposed disposal.The group selling it for $34.5m.
該集團以3450萬美元的價格將其出售。
Keong Hong Holdings Limited, the parent of Keong Hong Construction Pte Ltd, has announced that it is selling its 20% shares in Katong Holdings Pte. Ltd. to MCSK Pte. Ltd. for $34.5m
強宏建築私人有限公司的母公司強宏控股有限公司宣佈將出售其在加東控股私人有限公司的20％股份。Ltd. 到 McSK Pte.Ltd. 售價3450萬美元
The group announced that on 8 November, it entered into an indicative non-binding term sheet agreement with MCSK in respect of the proposed divestment of its interest in Katong Holdings of 200,000 ordinary shares, and the discharge of the loans extended by them to Katong Holdings and any interest accrued or accruing to MCSK.
該集團宣佈，它於11月8日與McSK簽訂了一項不具約束力的指示性條款表協議，內容涉及擬議剝離其在加東控股的20萬股普通股權益，並解除他們向加東控股提供的貸款以及向McSK支付的任何應計或應計利息。
In connection with the proposed disposal, the parties have further on 3 December 2024 entered into an agreement to purchase (ATP), pursuant to which the Vendor agreed to arrange a definitive sale and purchase agreement to be entered into in relation to the proposed disposal.
關於擬議的出售，雙方於2024年12月3日進一步簽訂了購買協議（ATP），根據該協議，賣方同意安排就擬議的處置簽訂最終買賣協議。
Katong Holdings is a Singapore-incorporated company owned by Keong Hong Holdings and MCSK for 20% and 80%, respectively. Katong Holdings was incorporated on 13 February 2014 and is primarily engaged in the business of property and hotel ownership and development.
加東控股是一家在新加坡註冊的公司，由強宏控股和McSK持有，股權分別爲20％和80％。加東控股於2014年2月13日註冊成立，主要從事房地產和酒店所有權和開發業務。
The deal is expected to be completed by 27 February 2025.
該交易預計將於2025年2月27日完成。
譯文內容由第三人軟體翻譯。
