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HupSteel Ltd (HUPS.SI)

HUPS.SI on Stock Exchange of Singapore

17 Aug 2017
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Hupsteel Limited announces disposal of property
Thursday, 29 Jun 2017 05:22am EDT 

June 29 (Reuters) - Hupsteel Limited ::Disposal Of Property At 359 Jalan Besar Singapore 208992.‍Company has sold property at 359 Jalan Besar Singapore 208992 at a cash consideration of $5.23 million plus gst.​.Net proceeds from disposal may be used to repay existing bank borrowings, deposited with banks and financial institutions and used as working capital.Estimated gains attributable to disposal of property is approximately $4.58 million before accounting for professional fees and expenses.  Full Article

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