HG Metal Manufacturing (SGX:BTG) received approval from Jurong Town on Sept. 9 for the proposed assignment of the lease for 47 Tuas View Circuit, Singapore.
The assignment remains subject to both parties fulfilling conditions set out in the consent letter, according to a Thursday filing.
Completion is required within six months of the consent letter date, unless extended by JTC.
The parties are working to satisfy the remaining conditions ahead of completion, it said.