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Hong Lai Huat sells D'Kranji Farm Resort for $4.8 mil to operator Gallop Green

The Editor
The Editor4/22/2021 06:24 PM GMT+08  • 1 min read
Hong Lai Huat sells D'Kranji Farm Resort for $4.8 mil to operator Gallop Green
Gallop Green has been managing the resort since June 2018.
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Hong Lai Huat Group is selling its subsidiary HLH Agri R&D, which owns D’Kranji Farm Resort, to Gallop Green for a consideration of $4.8 million.

The group, via its subsidiary HLH Agri International which wholly owns HLH Agri R&D, signed a term sheet pursuant to which Gallop Green will acquire the entire equity interest in HLH Agri R&D.

SEE:Hong Lai Huat subsidiary receives in-principal approval to develop agriculture eco city in Cambodia

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