---
title: "CTR Holdings unit wins JTC tender for 33-year Kaki Bukit land lease at S$52.79 million"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/296370928.md"
description: "CTR Holdings unit secured a 33-year lease for Kaki Bukit industrial land via JTC tender for S$52.79 million. Classified as a very substantial acquisition under Hong Kong listing rules, it requires shareholder approval. The group plans to develop a multi-storey facility with a dormitory and offices, with total project costs estimated at S$102.79 million."
datetime: "2026-08-19T14:35:28.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/296370928.md)
  - [en](https://longbridge.com/en/news/296370928.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/296370928.md)
generator: "portal-rs"
---

# CTR Holdings unit wins JTC tender for 33-year Kaki Bukit land lease at S$52.79 million

-   CTR Holdings won a JTC tender to lease industrial land in Kaki Bukit, Singapore for S$52.79 million, excluding GST. \* IFRS 16 right-of-use asset value estimated at about S$55.4 million, including S$2.61 million stamp duty. \* Deal classified as a very substantial acquisition under Hong Kong listing rules, with shareholder approval required at an EGM. \* Site spans 7,364.8 sq.m with a 33-year lease; group plans a multi-storey facility with a 407-bed dormitory, offices, storage. \* Construction budget estimated at about S$50 million, taking total project cost to about S$102.79 million. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CTR Holdings Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260819-12291236), on August 19, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)

### Related Stocks

- [01416.HK](https://longbridge.com/en/quote/01416.HK.md)
- [00388.HK](https://longbridge.com/en/quote/00388.HK.md)
- [80388.HK](https://longbridge.com/en/quote/80388.HK.md)
- [HKXCY.US](https://longbridge.com/en/quote/HKXCY.US.md)

## Related News & Research

- [CTR Holdings Shareholders Unanimously Back AGM Resolutions and Capital Mandates](https://longbridge.com/en/news/298037388.md)
- [CTR Holdings held adjourned annual general meeting, poll showed all resolutions passed](https://longbridge.com/en/news/298033060.md)
- [Orizon consents to Ecofort pledging 49% CTR Porto Velho stake as collateral for GCB debt](https://longbridge.com/en/news/298078371.md)
- [CTR Holdings announces adjourned annual shareholder meeting](https://longbridge.com/en/news/297264180.md)
- [CTR Holdings revises acquisition terms, cuts consideration share issue to 150,000,000 shares at HK$ 0.22](https://longbridge.com/en/news/296914304.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**