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OKH Global Ltd. ( (SG:S3N) ) has issued an update.
GRC Limited, through its wholly-owned subsidiary CES-Precast Pte. Ltd., has entered into an agreement to lease one floor of a multi-storey ramp-up integrated construction and prefabrication hub in Singapore. This move aims to expand the company’s precast production capacity and enhance productivity in its prefabrication technology business, aligning with its strategic objectives. The lease, which runs until 2050, includes a 12-year minimum occupation period and a monthly lease rate of $19 per square meter, with an estimated monthly cost between $247,000 and $256,500.
More about OKH Global Ltd.
Average Trading Volume: 15,368,732
Technical Sentiment Signal: Buy
Current Market Cap: S$138.8M
For an in-depth examination of S3N stock, go to TipRanks’ Overview page.