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Oxley unit finds buyer for Chevron House retail, banking units at S$315m
Oxley did not identify buyer or state if it was linked to Golden Compass deal
Published Wed, May 20, 2020 · 09:50 PM
Singapore
A POTENTIAL buyer has entered into an expression of interest (EOI) with Oxley Beryl, which owns the former Chevron House, to acquire the retail and banking units in the Raffles Place development for S$315 million, Oxley Holdings said in a bourse filing on Tuesday evening.
The property developer did not identify this buyer and did not state whether it is linked to Golden Compass (BVI) - the purchaser named in Oxley Holdings' proposed S$1.025 billion sale of the property announced last April.
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