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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