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Shanaya Limited Receives JTC Consent for Kian Teck Facility Disposal

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Shanaya Limited Receives JTC Consent for Kian Teck Facility Disposal

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Shanaya Limited ( (SG:SES) ) has provided an update.

Shanaya Limited has announced the receipt and acceptance of a consent letter from JTC regarding the proposed disposal of its Kian Teck facility in Singapore. This consent is contingent upon certain conditions being met by both the vendor and the purchaser by December 17, 2025. The disposal involves specific financial and legal obligations for the vendor, including the payment of outstanding fees and taxes, and the discharge of any mortgages on the property. The purchaser is required to use the property within a specified scope related to building materials and electrical works.

More about Shanaya Limited

Average Trading Volume: 246,165

Technical Sentiment Signal: Strong Sell

Current Market Cap: S$7.22M

Find detailed analytics on SES stock on TipRanks’ Stock Analysis page.

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