- HGH agreed to sell a 20% stake in Premium Concrete to Kui Teng Lim for SGD 2.4 million in cash.
- The deal covers 200,000 shares and is expected to complete within 14 business days of signing.
- Completion is conditional on Premium Concrete obtaining written consent from United Overseas Bank related to the shareholding change.
- HGH plans to use the SGD 2.4 million of net proceeds for general working capital.
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. HGH Holdings Ltd. published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: 97XE2819V0ZATHOB) on March 21, 2026, and is solely responsible for the information contained therein.