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SingHaiyi's controlling shareholder strikes share deal with OKH Global

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Published Tue, Apr 5, 2016 · 09:50 PM

Singapore

HAIYI Holdings Pte Ltd (HHPL), the controlling shareholder of Catalist-listed property developer SingHaiyi Group, has struck a conditional agreement to subscribe for 500 million new shares in mainboard-listed property developer OKH Global Ltd at S$0.10 apiece.

Under a loan agreement, HHPL will also extend a loan of S$10 million to OKH Global.

Singhaiyiokh global

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