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Maxi-Cash to buy four shops for S$23.7m from chairman's firm
Maxi-Cash says purchase will enable it to own the units instead of periodically renewing leases which could affect operations and costs
Fiona Lam
Published Wed, Oct 30, 2019 · 09:50 PM
Singapore
MAXI-CASH Financial Services Corporation is looking to buy four investment properties for a total cash consideration of S$23.7 million.
Its wholly-owned subsidiary, Maxi-Cash Property, on Tuesday entered into a conditional sale and purchase agreement with 8G Investment for the acquisition of the properties, several of which house its pawnbroking and retail businesses.
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