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
Add BT as a preferred source
Fiona Lam
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.
TRENDING NOW
Gojek founder Nadiem Makarim faces 18-year jail demand in Indonesia laptop graft trial
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
Singapore developer in limbo after Timor-Leste scraps major township project
Not retirement, but a rewiring and fresh perspectives post-DBS, says Piyush Gupta
