BHCC Holding Ltd. (HK:1552) has released an update.
BHCC Holding Ltd. has announced the payment of a S$3 million deposit by its subsidiary, BHCC Projects, as part of a joint tender submission for a commercial and residential development project in Singapore. The deposit represents a significant transaction for the company, as it exceeds 5% of the tender price and if successful, it will be applied to the purchase price. Should the tender be unsuccessful, the deposit will be refunded by January 9, 2025, and the company intends to form joint venture companies for the development upon acceptance of the tender.
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