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Lincotrade Secures JTC Lease Extension to Support Transition to New Tuas Facility

Story Highlights
  • Lincotrade obtained a three-month JTC lease extension for its current Sungei Kadut premises.
  • The extended lease ensures continuity while the group readies its Tuas facility as main operations base.
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Lincotrade Secures JTC Lease Extension to Support Transition to New Tuas Facility

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Lincotrade & Associates Holdings Limited ( (SG:BFT) ) has issued an announcement.

Lincotrade & Associates Holdings Limited has secured a short-term extension of its JTC lease for its existing premises at 39 Sungei Kadut Loop, pushing the expiry from 31 December 2025 to 31 March 2026. The three-month extension, accepted by its wholly owned subsidiary Lincotrade & Associates Pte Ltd, is intended to provide operational continuity while the group completes and obtains regulatory approval for additions and alterations at its new Tuas Avenue 12 facility, which is slated to become its main operations base, thereby smoothing the transition and minimising disruption for stakeholders.

More about Lincotrade & Associates Holdings Limited

Lincotrade & Associates Holdings Limited, incorporated in Singapore, operates through its subsidiaries and maintains industrial premises to support its core business operations, with a new main facility being developed at Tuas to serve as its primary base.

Average Trading Volume: 114,054

Technical Sentiment Signal: Buy

Current Market Cap: S$35.5M

For a thorough assessment of BFT stock, go to TipRanks’ Stock Analysis page.

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