Sunright Enters Conditional Sale and Purchase Agreement for Sale of Property in Taiwan

MT Newswires05-24

Sunright’s (SGX:S71) wholly owned subsidiary, KEST Systems and Service entered into a conditional sale and purchase agreement with YoungTek Electronics for the sale of a factory building and ancillary equipment based in Taiwan for a total consideration of NT$188 million, a filing with the Singapore Exchange said on Friday.

The property is a factory building that also boasts car parking spaces and the sale consideration will be payable over four installments.

Price (SGD): S$0.21, Change: S$, Percent Change: %

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