Wee Hur forms JVs for Upper Thomson development

WH Property will hold a 50% shareholding percentage.

Wee Hur Property Pte. Ltd. (WH Property) has entered joint ventures (JVs) with six other firms for a residential and commercial project in a land parcel at Upper Thomson Road.

WH Property entered JVs with GSC Holdings, TKS International Investment Pte. Ltd., Capital Development Pte. Ltd., Thomson Invesco Pte. Ltd., ARA (ECO)(26CB) Pte. Ltd., and TBP Thomson A Pte. Ltd., according to a bourse filing.

The JVs will be known as Wee Hur Thomson Residential Pte. Ltd. and Wee Hur Thomson Commercial Pte. Ltd, it added.

The JVs proposed a single, integrated residential with commercial at the first storey development to be built on the Upper Thomson land parcel.

The incorporation of each of the developers is expected to be completed shortly, the filing added.

The companies will hold 4,000,000 ordinary shares in the commercial and residential JVs, according to the filing. WH Property will hold a 50% shareholding percentage whilst the six other firms will hold the remaining 50% in both ventures.

GSC Holdings holds shares in WH Property whilst the other JV partners do not.

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.

If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia