Soon Hock Enterprise Holding Limited announced that its subsidiary, Soon Hock (3) Pte. Ltd., has secured the tender for a land parcel at 5 Tuas Avenue 13, Singapore 638977.

The tender was accepted on Sep, 30 2026, with a purchase price of about 43.39 million Singapore dollars for a 33-year tenure starting on Dec, 28 2026.

The company said the acquisition aligns with its growth strategy and will expand its industrial property portfolio.

Soon Hock Enterprise stated that none of its directors or controlling shareholders has any interest in the transaction other than through their existing positions and shareholdings.

The board advised investors to trade the company’s shares with caution and noted that further updates will be provided when necessary.