Singapore

OFFSHORE vessel builder Nam Cheong is buying office space at Suntec Tower Three to house its Singapore corporate office for a price of about $30.3 million.

In a regulatory filing yesterday, it said its wholly owned subsidiary Nam Cheong Offshore has been granted an option-to-purchase (OTP) for three office lots (units #41-01 to #41-03) at Suntec Tower Three from an unrelated party: Vista Realty.