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Nikkei Markets

Singapore's Oxley Holdings To Buy Land In Cambodia For $6 Mln

By Singapore Newsroom
Nikkei Markets
SINGAPORE (Jun 30) -- Oxley Holdings, a Singapore-based property developer, said Friday its subsidiary has entered into an agreement to purchase a plot of land in Cambodia from Khov Porseang for $6 million.

The land has a freehold tenure and an area of 1,200 square meters, the company said in a stock exchange filing.

"A sum of $1.8 million being 30% of the purchase price, had been paid upon the signing of the agreement" Oxley Holdings said. "The balance amount will be paid upon completion of the land title transfer."
- By Singapore Newsroom; sgeditorial@nikkeinewsrise.com; +65 6331 6250
- Edited By Shiladitya Ghosh
- Send Feedback to feedback@nikkeinewsrise.com
- Copyright (c) 2017 Nikkei NewsRise Asia Pte Ltd.

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