Thursday, September 13, 2012

Oxley

Oxley: buys JTC site at Plot 3 Tampines Industrial Crescent for $55m. The site has a land area of 38,800 sm and a tenure of 30 years. The gross plot ratio of the site is 1.7 and the zoning is Business 2 (Clean uses only). The acquisition will be funded by internal resources and bank borrowings.

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