Corporate digest

Published Thu, Sep 12, 2019 · 09:50 PM

Sakae Holdings

THE High Court has approved the partial return of capital totalling S$33 million to the contributories of Griffin Real Estate Investment Holdings (GREIH), an associate company of Sakae Holdings.

Based on its shareholding in GREIH, Sakae itself will receive S$8.1 million in net proceeds, the Mainboard-listed company announced in a bourse filing on Thursday.