Mainboard-listed Natural Cool Holdings said its unit has told its property at 29 Tai Seng Avenue to Emirates Tarian Capital for S$53 million. After the deal is done, Natural Cool Investments will leaseback the property for 10 years at an annual average rent of S$4.74 million. Natural Cool's CEO, Joseph Ang, said the sale is in line with the firm's efforts to adopt an asset-light strategy. He added that...
