SingPost buys remaining 25% interest in The Store House Operating Company Limited
The shares were priced $0.22m.
Singapore Post Limited (SingPost) bought the remaining shares of The Store House Operating Company Limited (TSHOL) for $0.22m (HK$1.25m).
According to an announcement, the remaining stake of TSHOL was bought from Gary Philip Beadell for 17 cents (HK$1) each share.
TSHOL operates self-storage properties and is based in Causeway Bay, Hong Kong.
The net asset value of TSHOL is $0.17m (HK$998,986).