Lian Beng Group unit intending to acquire Joo Chiat property for S$27m
The OCN Building occupies a gross floor area of about 2,300 sqm; TTAT Investment to lease the property
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Singapore
A WHOLLY-OWNED unit of Lian Beng Group is intending to purchase a four-storey commercial building in Joo Chiat for S$27 million that is to be satisfied in cash.
On Monday, the construction cum property developer group said in a Singapore Exchange filing that Lian Beng (Joo Chiat) had on the same day accepted the purchase option granted by TTAT Investment for the proposed acquisition.
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