KUALA LUMPUR: Selangor Dredging Bhd’s (SDB) associate company Champsworth Development Pte Ltd is acquiring a 2,945.5 sq m freehold land with an existing two-storey industrial building in Singapore for S$47mil (RM146.5mil).
In a filing with Bursa Malaysia yesterday, it said Champsworth, through its unit Tiara Lanjd Pte Ltd, had made an offer for a sale by tender to owner National Aerated Water Co (Pte) Ltd to buy the property at Serangoon Road and the latter had accepted. The property was on exclusive residential cluster of landed, mid- and high-rise condominium developments with panoramic view of the Kallang River.
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