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Hiap Hoe unit to sell second Melbourne property

Published Wed, Mar 16, 2016 · 09:50 PM

Singapore

LOCAL developer Hiap Hoe, through its subsidiary Meteorite Property, has entered into an agreement to sell a second property in Melbourne to an Australian developer. It will go for A$60 million (S$61.7 million) before taxes.

The two parties also announced that plans for a joint venture that was to manage the development of the said property will be annulled.

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Companies & Markets

Companies & Markets

Hiap Hoe unit to sell second Melbourne property

Companies & Markets

US FDA approves Pfizer’s gene therapy for rare bleeding disorder

Chevron's quarterly profit beats estimates

EU toughens rules on Chinese fashion retailer Shein

Keppel prices 70 million euros of floating-rate notes due 2031

Mixed trading in Asia as investors watch for further macro data; STI down 0.2%

Shareholders raise questions over dividend payout, directors’ salaries at Best World AGM ahead of proposed privatisation

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