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IOI Properties' Unit Bids For Land In Singapore

by November 9, 2016 General

KUALA LUMPUR, Nov 9 (Bernama) — IOI Properties Group Bhd’s unit, Wealthy Link Pte Ltd, has submitted a bid for a 1.09 hectare land in Central Boulevard, Singapore, for a tender consideration of S$2.57 billion ( RM7.77 billion).

The tender was submitted to the Urban Redevelopment Authority, acting as agent for and on behalf of the Singapore government, said IOI in a filing to Bursa Malaysia here, today.

“The decision on the tender will be made after all bids have been evaluated and the company will make the relevant announcement,” it said…..