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Hong Lai Huat sells D' Kranji Farm Resort for $4.8 mil to operator Gallop Green
Hong Lai Huat Group is selling its subsidiary HLH Agri R& D, which owns D&rsquo Kranji Farm Resort, to Gallop Green for a consideration of $4.8 million.
The group, via its subsidiary HLH Agri International which wholly owns HLH Agri R& D, signed a term sheet pursuant to which Gallop Green will acquire the entire equity interest in HLH Agri R& D.
In a filing to SGX dated April 22, the group states that HLH Agri R& D has no other significant activity.
Gallop Green is a wholly-owned subsidiary of Gallop Stable and has been operating the resort since it was appointed as managing agent in June 2018.
👎 👎 👎 👎 👎 stock!
Hong Lai Huat' s property and real estate division to be affected by Cambodia lockdown
Hong Lai Huat announced, on April 15, that the lockdown in Cambodia&rsquo s capital city Phnom Penh as well as Kandal Province will affect its sales in the group&rsquo s property and real estate division.
The agriculture division will continue to operate with safe guidelines in place.
The lockdown in the kingdom will last for 14 days from April 15 to April 28 to curb the spread of Covid-19.
The group&rsquo s offices in Cambodia will also be required to remain shut during this period. All of its employees have been instructed to work from home.
The government of Cambodia had previously imposed a curfew from April 1 to April 14 from 8pm to 5am. This will be extended for another two weeks along with its lockdown order.
Patience... from the trade don think they wanna push yet.. as mentioned alot of Right sellers ambushing..
Goodgoing ( Date: 05-Apr-2021 09:16) Posted:
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Huat ar, cheong to 13cent
Rocket to the sky
Don' t think so easy this round as there' s many seller will capitalise on the Rights.. guess need more time to flush them out first..
ysh2006 ( Date: 04-Apr-2021 15:29) Posted:
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Get ready tomorrow!!!
ysh2006 ( Date: 04-Apr-2021 15:29) Posted:
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Will they pump again next week like last time up 13.7c ?
Maller ( Date: 04-Apr-2021 01:19) Posted:
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See next week performance.. dyodd
Contratrader ( Date: 01-Apr-2021 14:32) Posted:
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Usually rights share trading should have sellng pressure but selling seems like quite tame...mb people dont want to sell at this " lelong" px
based on chart ..it is at bottom...basement la..so u think the upside lo
based on chart ..it is at bottom...basement la..so u think the upside lo
PQTPQK ( Date: 01-Apr-2021 14:28) Posted:
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one way ticket
so mean they will push up ....
Contratrader ( Date: 01-Apr-2021 14:22) Posted:
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Rights share credited 2 day ago...if cannot go down .means going up? ..recent downside about rights px 9.1..
Huat ar!
PQTPQK ( Date: 01-Apr-2021 14:17) Posted:
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cheong !!!1
easywin ( Date: 01-Apr-2021 14:14) Posted:
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Welcome back Ong Lai Huat
Volume increases?, dyodd
Laggard that has yet to move...