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Figtree Holdings Ltd (FIGT.SI)

FIGT.SI on Stock Exchange of Singapore

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Latest Key Developments (Source: Significant Developments)

Figtree holdings says unit entered into joint venture agreement
6:05am EDT 

Figtree Holdings Ltd : Unit entered into a joint venture agreement with existing shareholders . Deal for consideration of RMB20.0 million . Vibrant group, holding Co of Singapore Enterprises, is also a joint venture partner subscribing for a 31% stake in Pucheng for consideration of RMB31.0 million . Purchase consideration represents approximately a 9.05% premium over share of net asset value of Pucheng . Subscription is not expected to have a material impact on earnings per share of group for current financial year ending 31 December 2017 .No service contract is proposed to be entered into between company and any such person..  Full Article

Figtree Holdings Ltd subsidiary wins S$65 mln design and build contract for logistics hub in Singapore
Wednesday, 1 Jul 2015 05:25am EDT 

Figtree Holdings Ltd:Says its wholly-owned subsidiary, Figtree Projects Pte Ltd has secured S$65 mln contract to design and build a state-of-the-art logistics hub in Singapore.The contract to design and build the Hankyu Hanshin Regional Logistics Hub is awarded by Hankyu Hanshin Properties Singapore Pte. Ltd., a unit of Hankyu Hanshin Holdings, Inc. (HHHD) which is listed on the Tokyo Stock Exchange.Says located at Jalan Buroh in Tuas, the Facility will be an integrated distribution centre with a gross floor area of more than 500,000 square ft, consisting of nine levels of ramp-up warehousing space, value-added processing areas and ancillary offices.  Full Article

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