Bonvests

Bonvests divests properties

Bonvests Holdings on Friday announced that its subsidiary, Essential Investments, has entered into an agreement to sell two retail shop units for a total consideration of approximately S$13.7 million. The two units located at 220 Orchard Road, Midpoint Orchard, #B1-10 and #B1-11 will be sold to Chu Chee Keong. Bonvests Holdings also announced earlier on Friday that its subsidiary, Bon-Food, has...

Bonvests Holdings to sell leasehold shop in Tampines

Bonvests Holdings on Friday announced that its subsidiary Bon-Food has entered an agreement to sell one of its leasehold shop units for a total consideration of S$14.55 million. The unit, which is located at Block 829 Tampines Street 81 #01-296, will be sold to Advance Facilities Pte Ltd. Proceeds from the sale will be used to fund Bonvests' current projects. The net asset value, aggregate value...

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