Wee Hur Completes Grenfell PBSA Disposal, Retains 20.16% Indirect Stake via Fund Structure

Wee Hur Holdings Ltd. ( (SG:E3B) ) has issued an update.

Wee Hur Holdings has completed the disposal of its Grenfell Property in Australia by its subsidiary ACUD to Grenfell Trust, as part of its broader PBSA fund platform strategy involving Wee Hur PBSA Fund III A (WHF3A) and Wee Hur PBSA Fund III B (WHF3B). The total consideration, to be received in two tranches combining cash and promissory notes, amounts to A$16.83 million, with the first tranche paid upon completion on 17 December 2025 and the second tranche due by 31 January 2026; legal title to the property is expected to pass to Grenfell Trust upon registration. Following subscriptions into WHF3A and WHF3B and the completion of this disposal, Wee Hur will retain an indirect 20.16% stake in the underlying head trust that owns the asset, enabling the group to recycle capital while maintaining a meaningful ongoing exposure to the PBSA asset and associated income streams.

The most recent analyst rating on (SG:E3B) stock is a Hold with a S$1.00 price target. To see the full list of analyst forecasts on Wee Hur Holdings Ltd. stock, see the SG:E3B Stock Forecast page.

More about Wee Hur Holdings Ltd.

Wee Hur Holdings Ltd., incorporated in Singapore, operates as an investment holding company with interests in property-related businesses, including the development and management of purpose-built student accommodation (PBSA) assets through a series of dedicated PBSA funds. The Group structures its investments via unit trusts and fund vehicles, reflecting a strategy focused on recurring income and capital recycling within the student housing real estate segment.

Average Trading Volume: 3,744,860

Technical Sentiment Signal: Buy

Current Market Cap: S$643.5M

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