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TA Corporation to dispose of 12 On Shan for $86.5 mil

Felicia Tan
Felicia Tan4/1/2022 08:48 AM GMT+08  • 2 min read
TA Corporation to dispose of 12 On Shan for $86.5 mil
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TA Corporation, on April 1, announced that it has proposed to dispose of its property, 12 On Shan at 12 Shan Road for $86.5 million.

TA Corporation’s indirect wholly-owned subsidiary, TA Realty, had issued an option to purchase dated March 11 to RL Properties. The option was validly exercised by the latter on March 31.

RL Properties is a joint venture between RL Properties (a wholly-owned subsidiary of Roxy-Pacific Holdings), Macly Capital and LWH Holdings.

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