Enviro-Hub Gets Option to Purchase Singapore Leasehold Property
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Enviro-Hub was granted an option to purchase a leasehold property at 1 Tech Park Crescent, Singapore, by Leoch Battery for SG$5.6 million, according to a filing with the Singapore Exchange on Wednesday. The company has nominated Cimelia Resource Recovery, a subsidiary, to exercise the option by paying a sum of SG$222,000, representing 4% of the purchase consideration. The completion of the acquisition is subject to approvals from relevant authorities.
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