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Singapore Kitchen Equipment Unit Grants Option to Purchase Factory

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Q'son Kitchen Equipment, a wholly-owned subsidiary of Singapore Kitchen Equipment (SGX:5WG), granted an option to Framex Global to purchase its property in Singapore for SG$8.5 million, according to a Thursday filing to the Singapore stock exchange.

The property is situated in the light industrial development known as "Henderson Industrial Park", and functions primarily as a warehousing and factory facility of the company.

The proceeds from the proposed disposal will be used for the company's core business and liquidity.

The land will be sold at a profit of about SG$1.5 million over the net book value of the property of around SG$7 million as at Dec. 31, 2025.

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