Tuesday, March 01, 2011

SGX Completes Disposal of New Industrial Road Property

Singapore Exchange Limited (SGX) announced that the sale of its

building at 18 New Industrial Road was completed on Monday at an

aggregate value of S$23.6 million.

SGX said the book value of the asset on disposal is S$21.7 million
and the latest available open market value of the asset as at 15

October 2010 is S$22 million.

After accounting for related costs, SGX said that it will make a gain

from the sale of approximately S$1.7 million.

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