BH Global To Buy Penjuru Land For $2.5m

Source : The Business Times, 11 Sept 2007

BH Global Marine, a supply chain management company, has entered into an option agreement to purchase a property at 10 Penjuru Lane for $2.5 million.

The land, which has area of about 11,700 square metres, is adjacent to BH Global’s headquarters at 8 Penjuru Lane and will add on to the existing land area of 8,533 sq m.

The lease period is extendable up to 2049 subject to lessor JTC’s terms and conditions. A warehouse as well as office blocks will be built on the premises.