• CTR Holdings won a JTC tender to lease industrial land in Kaki Bukit, Singapore for S$52.79 million, excluding GST.
• IFRS 16 right-of-use asset value estimated at about S$55.4 million, including S$2.61 million stamp duty.
• Deal classified as a very substantial acquisition under Hong Kong listing rules, with shareholder approval required at an EGM.
• Site spans 7,364.8 sq.m with a 33-year lease; group plans a multi-storey facility with a 407-bed dormitory, offices, storage.
• Construction budget estimated at about S$50 million, taking total project cost to about S$102.79 million.

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. CTR Holdings Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260819-12291236), on August 19, 2026, and is solely responsible for the information contained therein.