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Oxley sells land overseas for $100 mil

Atiqah Mokhtar
Atiqah Mokhtar6/30/2021 8:26 AM GMT+08  • 1 min read
Oxley sells land overseas for $100 mil
Oxley says the land has a book value of some $60 mil as at June 30, 2020.
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Oxley Holdings has announced that it has entered into a contract for the sale of a piece of land located overseas for approximately $100 million.

In its filing to the Singapore Exchange (SGX) on June 30, Oxley says the land has a book value of some $60 million as at June 30, 2020, with the sale done under its “ordinary course of business”.

Details on the location of the land or the buyer were not disclosed.

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