SINGAPORE - The sale of a freehold good class bungalow (GCB) along Second Avenue held by Hin Leong founder Lim Oon Kuin and his wife has been aborted amid the firm's escalating financial woes.
An offer was made to purchase the District 10 freehold property in the Bukit Timah area at $27 million. "But the transaction was not carried out and the sale was aborted," Mr Lim's lawyers said.
Already a subscriber? Log in
Read the full story and more at $9.90/month
Get exclusive reports and insights with more than 500 subscriber-only articles every month
ST One Digital
$9.90/month
No contract
ST app access on 1 mobile device
Unlock these benefits
All subscriber-only content on ST app and straitstimes.com
Easy access any time via ST app on 1 mobile device
E-paper with 2-week archive so you won't miss out on content that matters to you
