Top Global to buy 43 units in Thong Teck Building for $170m from Allied Tech director

📆 9/2/2019 5:13 AM
📰 The Straits Times

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SINGAPORE - Mainboard-listed property group Top Global has decided to buy 23 freehold commercial strata-titled lots with 43 property addresses in Thong Teck Building for $170 million.. Read more at straitstimes.com.

SINGAPORE - Mainboard-listed property group Top Global has decided to buy 23 freehold commercial strata-titled lots with 43 property addresses in Thong Teck Building for $170 million.

Following the BT report, Top Global said in late May that it had been granted options to purchase the strata units, but was"still evaluating the market conditions" in relation to the options. Top Global will pay the total purchase price of $170 million in cash, funded through bank financing and internal cash resources.

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