Mencast Holdings’ buyer exercises option to purchase 42B Penjuru Road for SGD 21 million

Reuters

Yesterday

Mencast Holdings’ buyer exercises option to purchase 42B Penjuru Road for SGD 21 million

Mencast said its wholly owned unit Mencast Marine received notice that Grandwoods Trading (Singapore) exercised an option to purchase a leasehold property at 42B Penjuru Road, Singapore. The agreed consideration for the disposal is SGD 21 million. Mencast said the purchaser paid SGD 0.92 million as the balance deposit plus GST, to be held by the vendor’s solicitors pending completion.

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. Mencast Holdings Ltd. published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: 658O06XA1D9FPT6Y) on March 17, 2026, and is solely responsible for the information contained therein.

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The agreed consideration for the disposal is SGD 21 million. Mencast said the purchaser paid SGD 0.92 million as the balance deposit plus GST, to be held by the vendor’s solicitors pending completion.\n      \n\n\nDisclaimer: 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. Mencast Holdings Ltd. published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. 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