Corporate digest
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MYP Ltd
MYP Ltd, through its wholly owned subsidiary Salveur Pte Ltd, has entered into a conditional sale and purchase agreement with Nine Battery Pte Ltd for the proposed acquisition of Straits Trading Building.
The purchase consideration of S$560 million is payable entirely in cash, said MYP in a filing to the Singapore Exchange on Monday night. It has already paid an initial non-refundable deposit of S$5.6 million.
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