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Roxy Pacific Holdings Ltd's RH Rochor Pte Ltd Enters Into Agreement To Acquire Freehold Residential Site

Thursday, 3 Jan 2013 05:16am EST 

Roxy Pacific Holdings Ltd announced that RH Rochor Pte Ltd (RH Rochor) has entered into an agreement to acquire a freehold residential site (the Acquisition) comprised within TS 19 Lot 99306N at 13 and 15 Wilkie Terrace, Singapore at the purchase price of SGD24,500,000. RH Rochor is an indirect subsidiary of the Company through Roxy Homes Pte Ltd. The said freehold residential site has an estimated total land area of 9,324 sq ft and an existing gross plot ratio of 2.1 under the 2008 Master Plan for residential apartment development. RH Rochor intends to amalgamate this freehold site with another freehold site at 7, 9 and 11 Wilkie Terrace which it has acquired in November 2012 for residential apartment development. 

Company Quote

0.01 +1.82%
19 Dec 2014