Orange Sky Golden Harvest Entertainment Holdings Ltd. has announced a significant transaction involving the disposal of a property, known as "Yishun 10." The agreement, made on June 2, 2025, involves the sale of the property by an indirect wholly-owned subsidiary of the company. Additionally, a leaseback arrangement has been established, where the purchaser, Lion (Singapore) Pte. Limited, will lease the property to the vendor, Golden Village Multiplex Pte Ltd, for a term of 18 months starting from the completion date. This strategic move is pending approval by shareholders at an upcoming special general meeting $(SGM.AU)$, with potential for an additional purchase price adjustment should redevelopment approval be secured within 12 months post-completion. Shareholders and investors are advised to remain cautious as the transaction may or may not proceed.
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