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Corporate digest

Published Tue, Sep 1, 2015 · 09:50 PM

DeeperDive is a beta AI feature. Refer to full articles for the facts.

Singapore Post

SINGPOST has completed the acquisition of local self-storage facility operator Store Friendly Self Storage Group for S$12 million in cash, it said in a Singapore Exchange filing on Tuesday. It may pay another S$4 million to the seller, Store Friendly Asia (BVI) Holdings, if certain conditions are met, it said, adding that the net asset value of the Singapore unit was about S$418,000 after adjusting for shareholder loans.

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