<div id="readability-page-1"><div>[SINGAPORE] Singapore Post (SingPost) on Tuesday (Nov 11) announced that it will divest 14 HDB units across the island for a cash consideration of S$55.5 million. The sale-and-purchase agreement also has a leaseback option, each lasting about three years.The purchaser is Trans Realty, a subsidiary of taxi operator Trans-Cab Holdings. The consideration was arrived at an arm’s-length negotiation on a willing-buyer, willing-seller basis, taking into account the independent open-market valuations by real estate consultancy Knight Frank and prevailing market conditions. The properties, originally acquired between 1989 and 1996 for SingPost’s operations, have an aggregate book value of S$6.4 million as at Sep 30, 2025. SingPost’s estimated gain from the disposal of these Housing Development Board properties is S$49.1 million. Trans Realty has paid 5 per cent, or S$2.8 million, of the aggregate consideration as a deposit; the balance is due upon completion. SingPost said it is disposing of the properties because they are considered “non-core” to its principal business. The group is reviewing its asset portfolio under a drive to redeploy capital towards its core business. The proceeds from the proposed disposal are intended for the group’s working capital and general corporate purposes. SingPost said: “The board will consider the most appropriate use of funds, including debt reduction, reinvestment into the business, and potential shareholder returns, taking into account its funding requirements.” Had the proposed disposal been completed on Apr 1, 2024, earnings per share would have gone up from S$0.109 to S$0.131. Net profit would have also risen from S$245.1 million to S$294.2 million, on a pro forma basis. Shares of SingPost ended flat at S$0.42 before the announcement on Tuesday.</div></div>

新郵政

新郵政（SingPost）宣佈以 5550 萬新元出售 14 個組屋單位，並提供三年的回租選項。買方 Trans Realty 是 Trans-Cab Holdings 的子公司。這些物業於 1989 年至 1996 年間收購，賬面價值為 640 萬新元。新郵政預計此次出售將獲得 4910 萬新元的收益，這將支持營運資金和公司用途。此次處置是其專注於核心業務運營戰略的一部分。如果在 2024 年 4 月 1 日之前完成，攤薄每股收益將從 0.109 新元增加至 0.131 新元

新郵政將以 5550 萬新加坡元出售 14 個組屋單位