Portfolio Of 14 Industrial, Business Park, High-Spec Industrial & Logistics Properties

In December 2020, the Group deepened its presence in Singapore by investing in a 26% stake in a portfolio of 14 quality industrial, business park, high-spec industrial and logistics properties in Singapore, for an investment amount of up to S$76.6 million via entering into subscription agreements to subscribe for 26% of the Units and 7.0 per cent. Notes due 2031 of the Boustead Industrial Fund.