Oxley forms JV with Lian Beng to develop Tampines land parcel

The parcel is worth $64.4m.

Mainboard-listed firms Oxley Holdings and Lian Beng have inked a joint venture to develop a land parcel in Tampines.

Oxley will hold a 49% stake in Goldprime Land, while Lian Beng will hold the remaining 51% stake.

Goldprime had been awarded the tender for a land parcel at Tampines North Drive at a purchase price of $64.4m. The parcel has a site area of 27,395.2 sqm
 

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