Kim Heng to Dispose of Warehouse Facility for SG$13.5 Million
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Kim Heng, through its subsidiary Kim Heng Marine & Oilfield, has agreed to sell its warehouse facility in Singapore for SG$13.5 million to Greentec Energy. The property, located at 48 Penjuru Road, includes a four-story warehouse and offices, covering 19,512 square meters. Post-sale, Kim Heng will consolidate operations at its registered office. The company's shares fell over 1% in recent trading.
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