HS Optimus Holdings Limited Completes Disposal of Office Units at CT Hub, Singapore
HS Optimus Holdings Limited Finalises Sale of Two Office Units at CT Hub, Singapore – Significant Cash Inflow for the Group
Key Highlights
- Transaction Completed: HS Optimus Holdings Limited has completed the disposal of two office units located at 2 Kallang Ave, #07-03 and #07-04, CT Hub, Singapore 339407.
- Purchase Consideration: The total purchase consideration for the properties was S\$2,520,888 (excluding GST).
- Cash Inflow: The Company received S\$2,394,843.60 from the purchaser, representing 95% of the total purchase consideration, after deducting the Option Fee and Balance Deposit previously paid.
- Net Positive Cash Impact: The transaction has resulted in a net positive cash inflow of approximately S\$1,166,239 for the Group, after accounting for all related expenses and full repayment of amounts owing to the lender under the Facility.
- Date of Completion: The disposal was completed on 14 November 2025.
- Corporate Governance: The announcement has been reviewed by UOB Kay Hian Private Limited, the Company’s sponsor.
Detailed Breakdown of the Transaction
The Board of Directors of HS Optimus Holdings Limited announced the completion of the disposal of two office units at CT Hub, Singapore. This transaction aligns with the Group’s strategy to unlock value from non-core assets and to enhance liquidity. The units were sold for a combined consideration of S\$2,520,888 (excluding GST), a figure first disclosed in Company announcements dated 4 August 2025 and 21 August 2025.
On 14 November 2025, the purchaser made a payment of S\$2,394,843.60, representing 95% of the purchase consideration. This payment was the balance due after deducting the previously paid Option Fee and Balance Deposit as stipulated in the sale agreement.
After settling all related disposal expenses and fully repaying the outstanding amount to the lender under the Facility, HS Optimus Holdings reports a net positive cash inflow of approximately S\$1,166,239. This substantial injection of liquidity strengthens the Group’s balance sheet and provides additional flexibility for future investments or strategic initiatives.
Implications for Shareholders
- Material Impact on Cash Position: The net positive cash inflow of S\$1.17 million (approximate) is significant for the Group’s financial health. Increased cash reserves may enhance the Company’s ability to pursue growth opportunities or reduce debt, which could positively influence investor sentiment and potentially affect share value.
- Strategic Focus: The disposal of these non-core assets is in line with management’s strategy to streamline operations and focus on core business segments, which may result in increased efficiency and long-term value creation for shareholders.
- Financial Flexibility: Full repayment of the Facility loan reduces the Group’s financial liabilities, lowering risk and improving the Company’s credit profile.
- Regulatory Oversight: The transaction and announcement have been reviewed by the Company’s sponsor, UOB Kay Hian Private Limited, enhancing governance and transparency for shareholders.
Potential Share Price Sensitivity
The successful completion of the property disposal, accompanied by a strong net cash inflow and the reduction of debt, are positive developments that could be viewed favorably by investors. These factors may support the Company’s share price in the near term, particularly as they reflect prudent capital management and a strengthened balance sheet.
Contact and Governance
For further queries, shareholders and investors may contact Mr. Lance Tan, Senior Vice President at UOB Kay Hian Private Limited, at 83 Clemenceau Avenue, #10-01 UE Square, Singapore 239920, telephone (65) 6590 6881.
Disclaimer: This article is for informational purposes only and does not constitute investment advice. The information is based on the Company’s official disclosures and should be verified independently. Investors are advised to exercise due diligence and consult their financial advisors before making investment decisions. The Singapore Exchange Securities Trading Limited (SGX-ST) has not examined or approved the contents of this announcement and assumes no responsibility for its accuracy.
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