Oxley expecting sale completion of Chevron House by first quarter of 2020
Add BT as a preferred sourceSingapore
OXLEY Holdings will complete asset enhancement initiative (AEI) works on Chevron House and expects to achieve final completion of the sale of the 32-storey Raffles Place commercial building no later than the first quarter of 2020.
It will also divest the retail and banking units "as soon as practicable, taking into consideration market conditions" but will do so before the final completion, the highly-geared developer said on Tuesday in response to Singapore Exchange queries.
TRENDING NOW
‘I felt like dying’: Thai Singha beer scion speaks up after disclosure of alleged sexual abuse
CSE Global independent director quits after clashes with chairman Eugene Lai over board refresh
Tiger Beer lines up new products as Singapore operations’ role shifts from brewing to innovation
Single founders, billion-dollar valuations: AI is minting unicorn startups at birth
