HS Optimus Holdings Limited Completes Disposal of Melbourne Property for AUD 19.75 Million
HS Optimus Holdings Limited (“the Company”, together with its subsidiaries, “the Group”) has officially completed the disposal of its property located at 23-31 Lincoln Square South, Carlton, VIC 3053, Melbourne, Australia. The transaction was finalized on 23 December 2025, marking a significant development for the Company and its shareholders.
Key Highlights of the Disposal
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Purchase Consideration Adjusted: The sale was initially announced at AUD 19.70 million (approximately S\$16.75 million). Following final adjustments for proportionate charges related to utilities, council rates, and land tax, the total purchase consideration increased to approximately AUD 19.75 million (S\$16.79 million).
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Completion and Payment: The disposal was completed upon the receipt of the remaining payment of AUD 17.78 million (S\$15.11 million) from the buyer.
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Net Positive Cash Inflow: After deducting all expenses related to the disposal and fully repaying the amount owed to the lender under the facility, the Company achieved a net positive cash inflow of AUD 14.90 million (S\$12.66 million).
Important Information for Shareholders
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Financial Impact: The disposal will materially strengthen the Company’s cash position. The net proceeds may be used for the Group’s working capital requirements, future investments, or other corporate purposes, which could have a positive effect on the Company’s valuation and share price.
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Balance Sheet Improvement: The completion of the disposal and the full repayment of the outstanding loan under the facility will improve the Group’s gearing and liquidity position.
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Potential Price Sensitivity: As a significant asset disposal resulting in a large cash inflow and reduction of debt, this transaction may be price-sensitive and could influence the market’s perception of HS Optimus Holdings Limited’s financial health and strategic direction.
Additional Details
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Currency Exchange Rate: For reference, the figures are based on an exchange rate of AUD1:S\$0.85. The rates provided are for information only and may not represent actual conversion rates applied.
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Regulatory Note: The announcement has been reviewed by the Company’s sponsor, UOB Kay Hian Private Limited, but has not been examined or approved by the Singapore Exchange Securities Trading Limited (SGX-ST).
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Contact: For further queries, shareholders may contact Mr. Lance Tan, Senior Vice President at UOB Kay Hian (tel: (65) 6590 6881).
Conclusion:
This is a major development for HS Optimus Holdings Limited as it marks the successful monetisation of a key asset, improves the Group’s liquidity, and strengthens its balance sheet. Shareholders should monitor further announcements on the intended use of proceeds or any subsequent strategic initiatives that may arise from this disposal.
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Investors should conduct their own research or consult their financial advisers before making any investment decisions. The writer and publisher accept no liability for any loss arising from reliance on the information provided herein.
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