Company Briefs

Wee Hur unit awarded land parcel for $76.9m

WEE HUR Development Pte Ltd, a subsidiary of Wee Hur Holdings, has been awarded a land parcel at Woodlands Avenue 12 by the Urban Redevelopment Authority at a tendered sale price of $76,900,000. The land parcel's lease is for 30 years. This award is not expected to have a material impact on the consolidated net tangible assets per share and consolidated earnings per share of the group for the financial year ending Dec 31, 2014.

Hotel Grand Central unit gets NZ go-ahead