Corporate digest
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.
TRENDING NOW
A ‘shadow bank’ hiding in Singapore’s Little India casts light on financial services gap
UOB CEO’s youngest child Grant Wee turns burnout into a wellness business
Singapore, Asean have to be proactive to stay relevant in volatile world: Chan Chun Sing
Yeoh Pei Xien: YTL’s third-gen scion with a pastor’s heart