tiprankstipranks
Low Keng Huat Forms Real Estate JV
Company Announcements

Low Keng Huat Forms Real Estate JV

Low Keng Huat Singapore Ltd (SG:F1E) has released an update.

Don't Miss our Black Friday Offers:

Low Keng Huat (Singapore) Limited, through its wholly owned subsidiary Huatland Development Pte. Ltd., has partnered with Kheng Leong Company’s subsidiary to form Peak Crescent Pte. Ltd., a joint venture for real estate development. The newly incorporated entity, with a modest initial share capital, becomes an indirect associated company of Low Keng Huat. This strategic move is expected to be non-material in terms of net tangible assets and earnings for the current financial year.

For further insights into SG:F1E stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Singapore Auto-Generated NewsdeskLow Keng Huat Liquidates Shanghai Nova Subsidiary
TipRanks Singapore Auto-Generated NewsdeskLow Keng Huat Mulls Sale of Prime Asset
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App