, Singapore
162 views
Photo by Tirachardz via Freepik

SingPost identifies preferred bidder for 10 HDB retail units sale

The sale is not yet final and still requires necessary approvals.

Singapore Post Limited (SingPost) has confirmed the identification of a preferred bidder for the sale of a portfolio consisting of 10 HDB retail units.

The company clarified that the transaction is not yet complete and will require the necessary approvals before the sale is finalised.

SingPost also assured that it will comply with the Corporate Disclosure Policy of the Singapore Exchange (SGX) Listing Manual and make any relevant disclosures at the appropriate time.

Shareholders are advised to exercise caution and avoid any actions that could harm their interests while the transaction is ongoing.
 

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

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.