The Assembly Place has entered into a joint venture agreement with S11 Granuity Management to jointly operate a migrant worker dormitory at 2 Seletar North Link in Singapore. The joint venture company will be incorporated within 14 days and will have an initial paid-up share capital of SGD 1,000. The Assembly Place will hold 60% of the joint venture company and S11 will hold 40%. S11 will grant the joint venture company a licence to conduct the dormitory business at the premises for an initial term of one year, with an option to renew for a further three years. The premises include a dormitory building with about 886 beds.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. The Assembly Place Holdings Ltd. published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: 0QM4UGAJ00KI11AG) on March 11, 2026, and is solely responsible for the information contained therein.