MTQ completes sale of Premier Estate to H3 Engineering for S$12 million

Reuters2026/08/12 10:22

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MTQ completed the sale of Premier Estate to H3 Engineering Services on Aug. 12, 2026.
Sale price set at S$ 12 million; S$ 11.4 million paid at completion, net of deposits already paid.
Premier Estate ceased to be a subsidiary following the closing.
Deal expected to generate an estimated net gain of about S$ 7.6 million, based on audited results for the year ended March 31, 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. MTQ Corporation Limited published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: WT18TB0O6V3BQF8L) on August 12, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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MTQ completes sale of Premier Estate to H3 Engineering for S$12 million

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