Lincotrade Secures TOP for New Tuas Headquarters With 204-Bed Workers Dormitory

Reuters02-24 20:38

Lincotrade Secures TOP for New Tuas Headquarters With 204-Bed Workers Dormitory

Lincotrade & Associates Holdings Limited has obtained the Temporary Occupation Permit for its new headquarters at 5 Tuas Avenue 12, a two-storey factory on a 20-year JTC lease that began on 26 March 2024. The group has carried out additions and alteration works that expanded the gross floor area to 6,276.80 sq m and plans to install solar panels. The site also includes an approved 204-bed ancillary workers’ dormitory, which is expected to reduce accommodation costs and potentially generate recurring income from unused beds, as Lincotrade prepares to relocate from its current Sungei Kadut facility ahead of lease expiry.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lincotrade & Associates Holdings Limited published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: RP4WX6YYVRL9N3W7) on February 24, 2026, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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