S$50 million property buy, adult learning push among Teo Ser Luck’s final-year agenda at Isca
Property investment and academy spin-off are part of accounting body’s broader efforts to ensure long-term financial sustainability
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[SINGAPORE] Singapore’s national accounting body is in active talks to acquire a property in the Central Business District (CBD) for about S$50 million, as part of a long-term investment strategy.
Teo Ser Luck, president of the Institute of Singapore Chartered Accountants (Isca), told The Business Times that the organisation is exploring its options and hopes to conclude a deal by the end of the year.
He declined to reveal the size or location of these potential sites, as these could impact negotiations.
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