Oxley Holdings Reaffirms Strong Financial Standing

Oxley Holdings Ltd. (SG:5UX) has released an update.

Oxley Holdings Ltd. has clarified a Bloomberg article about their financials, emphasizing a strong asset base of S$2.7 billion against a current liabilities figure of S$1.4 billion as of December 31, 2023. The company has successfully reduced its net gearing ratio to 1.38x and reports robust pre-sales across its projects, with notable achievements like the complete selling of Oxley Tower KLCC’s office and retail units in Malaysia, and 65% of the Riverscape project in London.

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