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Posts Tagged ‘South Avenue’

Mapletree Logistics Trust completes acquisition of AW Centre

October 25th, 2010 | No Comments

Mapletree Logistics Trust says it has completed the acquisition of AW Centre located at 73 Tuas South Avenue 1, Singapore 637600 for $18.3 million.

The purchase price and other acquisition related costs of the property were fully funded by proceeds raised in the latest equity fund raising exercise announced also on 21 September .

MapletreeLog’s total book value of investment properties as at 30 September 2010 (not including this acquisition) was $3.36 billion. With this acquisition, MapletreeLog has 92 properties comprising 51 properties in Singapore, 8 in Hong Kong, 6 in China, 11 in Malaysia, 13 in Japan, 2 in South Korea and 1 in Vietnam.

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OKP secures $5.2m JTC project for construction and maintenance works at Tuas

March 3rd, 2010 | No Comments

OKP Holdings, the infrastructure and civil engineering firm, has secured its first contract win for the year — a $5.2 million contract from the Jurong Town Corporation (JTC) — for construction and maintenance works at Tuas South Avenue 12 and Tuas South Avenue 14 (Tuas View Extension – Phase 1).

The project was awarded to OKP’s wholly-owned subsidiary, Eng Lam Contractors Co., and is scheduled to begin in March and targeted for completion in June 2011. The scope of works includes construction and maintenance works of carriageways, drains and pipes, footpaths, traffic signages and street lightings as well as landscaping works such as turfing and tree-planting.

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Soilbuild Group Holdings rated buy

December 9th, 2009 | No Comments

OCBC Investment Research in a Dec 8 research report says: “Soilbuild Group announced that it has been appointed by Kolette Pte Ltd, a subsidiary of CSC Holdings, to manage and market a turnkey business space development at Tuas South Avenue 2. Such a partnership will be a win-win scenario for both CSC and Soilbuild.

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Soilbuild unit to manage, market $51.7m factory at Tuas South Ave 2

December 7th, 2009 | No Comments

Integrated property developer Soilbuild Group Holdings says it has been appointed by Kolette, a wholly-owned subsidiary of foundation and geotechnical engineering specialist CSC Holdings, to manage and market a turnkey business space development at Tuas South Avenue 2.

The project, to be undertaken by Soilbuild’s wholly-owned subsidiary, SB (Westpoint) Investment, is scheduled for completion by 1H2011. This development is expected to yield 70 single, two- and three-storey-high terrace factory units ranging from 3,000 to 6,000 square feet each.

Under the agreement with Kolette, Soilbuild will receive a portion of these units for managing the turnkey development of the 322,000 sf site.

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