SUBSCRIBERS

MYP unit to sell MYP Plaza at 135 Cecil Street for S$247m

Buyer of CBD tower linked to Filipino tycoon Lucio Tan

Published Fri, Apr 27, 2018 · 09:50 PM

Singapore

MAINBOARD-listed MYP announced on Friday that it has, through wholly-owned subsidiary Affreton, agreed to sell freehold MYP Plaza at 135 Cecil Street for S$247 million.

According to an exchange filing, the buyer is affiliated to Filipino billionaire Lucio Tan's group of companies, a conglomerate based in the Philippines.

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Property

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here