Soon Hock Enterprise Holding Limited announced on Mar, 24 2026 that its wholly owned subsidiary, Soon Hock (4) Pte Ltd, has secured the en-bloc purchase of Kewalram House for 120.51 million Singapore dollars.
The freehold industrial complex, located at 28, 30, 32, 34, 36 Jalan Kilang Barat and 8 Jalan Kilang Timor in Singapore, carries a 99-year lease starting from Jan, 1 1961.
The company said the acquisition offers a strategic redevelopment opportunity that aligns with its growth plans and expands its industrial property portfolio.
Soon Hock Enterprise added that none of its directors or controlling shareholders has any direct or indirect interest in the transaction beyond their existing stakes in the firm. The company advised investors to exercise caution when dealing in its shares and pledged to provide further updates when appropriate.