February 8, 2018

OKP Holdings, jointly with Lian Soon Holdings, announced that the acquisition of a land parcel at Chong Kuo Road at the tender price of S$43.9 million has been duly accepted by the Urban Redevelopment Authority. The land parcel has an area of 4,282.9 square metres and a leasehold tenure of 99 years. It is intended for development into a residential condominium of approximately 85 units. Share price closed at S$0.335