News

Acquisition Of Land For Executive Condominium Development At Yuan Ching Road/Tao Ching Road Through Joint Tender

The Board of Directors of BBR Holdings (S) Ltd (the "Company" and together with its subsidiaries, the "Group") is pleased to announce that its wholly-owned subsidiary, BBR Development Pte. Ltd., together with Evia Real Estate (5) Pte. Ltd. ("Evia"), CNH Investment Pte. Ltd. ("CNH") and OKP Land Pte. Ltd. ("OKP") will form a joint venture to develop an executive condominium project on a 99-year leasehold HDB land site at Yuan Ching Road/Tao Ching Road, Jurong.

The property development has no material impact on the earnings per share or net tangible asset per share of the Group for the current financial year ending 31 December 2013.

None of the directors or substantial shareholders of the Company has any interests, direct or indirect in the Development, Evia, CNH or OKP.

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