Serangoon Ville

Property

112 of 300 units put up for sale at Affinity at Serangoon sold over weekend: Oxley

SINGAPORE (June 4): Oxley Holdings says JV unit Oxley Serangoon sold 112 units out of the 300 units at Affinity at Serangoon during its Phase 1 launch over the weekend.

Lian Beng subsidiary receives LOI for $199.5 mil construction contract

SINGAPORE (Dec 19): Lian Beng Group’s wholly-owned subsidiary, L.S. Construction, has received a letter of intent (LOI) from Oxley Serangoon for a building contract worth $199.5 million.

Investing strategy

Lian Beng spinoff may push stock past the $1 mark: NRA

SINGAPORE (Oct 23): The potential spinoff of Lian Beng’s property business may trigger a stock price re-rating to $1.08, a 11.6% discount from its book value per share of $1.2076, says NRA Capital.

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