CHINA NEXT-GEN (03928) plans to sell property in Singapore.
China's new retail supply chain (03928) announced that, on November 10, 2025, Shengde Development and Poh...
CHINA NEXT-GEN (03928) announces that on November 10, 2025, Shengde Development and Poh Wah Group intend to sell the property to 2K Property Pte Ltd. for a price of 8.8 million Singapore dollars. The property is located at 114 Lavender Street #01-68, CT Hub 2, Singapore 338729.
Given the current financial situation and business operations of the group, the directors believe that the sale will allow the group to realize the value of the property at a reasonable price and the proceeds from the sale will improve the group's financial situation and increase general working capital.
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