Reclaims Global Limited: Strategic Acquisition of Freehold Industrial Property at Tagore Industrial Avenue

Key Highlights

• Acquisition of Rare Freehold B1 Industrial Property: Reclaims Global Limited has signed an option to purchase a freehold B1 industrial property located at 464 Tagore Industrial Avenue, Singapore 787833, for S\$20.5 million.
• Site Details: The property sits on a 1,276.4 square metre site, with an allowable gross floor area of 2,552.8 square metres. Currently, it has an approved gross floor area of 1,142.42 square metres.
• Purpose of Acquisition: The Group intends to use this property for its own operations and hold it as a long-term investment asset.
• Recent Strategic Moves: In December 2025, Reclaims Global acquired a corner freehold 6-storey commercial building at 291 Serangoon Road for S\$38.8 million. This property has a gross floor area of 506.8 square metres and a prominent 35-metre dual road frontage, located just 3 minutes from Farrer Park MRT station and near City Square Mall and Farrer Park Hospital.

Detailed Analysis for Investors

Reclaims Global Limited, listed on SGX-Catalist, continues to expand its asset base with the acquisition of rare freehold industrial and commercial properties in Singapore. The latest purchase at Tagore Industrial Avenue for S\$20.5 million represents a strategic investment in a sector where freehold assets are increasingly scarce, offering substantial long-term value and optionality for future growth initiatives.

The property’s sizable site area and high allowable gross floor area present opportunities for future expansion or redevelopment, which could enhance value and support the company’s integrated eco-friendly construction service offerings. The intention to use the property for internal operations also suggests potential cost savings and operational efficiencies, which may positively impact margins.

The acquisition follows the previous purchase of a high-visibility commercial property at 291 Serangoon Road for S\$38.8 million. This asset is strategically located near transportation and amenities, further strengthening Reclaims Global’s portfolio and its positioning for long-term growth.

According to Mr. Tan Kok Huat, Executive Director and CEO, the acquisitions not only reinforce the Group’s asset base but also provide flexibility for future strategic decisions. These moves signal a robust and forward-looking asset strategy, potentially enhancing shareholder value.

Implications for Shareholders

• Scarcity of Freehold Industrial Assets: The acquisition of a rare freehold B1 industrial property in Singapore could significantly increase the Group’s asset value and market positioning.
• Strengthened Asset Base: With both industrial and commercial properties added to the portfolio, Reclaims Global diversifies its asset holdings, reducing risk and increasing potential for capital appreciation.
• Potential Share Price Impact: These acquisitions may be perceived as positive by the market, given their rarity, strategic locations, and long-term growth potential. Investors should monitor further announcements for indications of how these assets will be leveraged.
• Growth Strategies: The properties provide optionality for operational expansion, redevelopment, or leasing, which could drive future revenue growth and profitability.

Company Overview

Reclaims Global Limited, listed on the SGX-Catalist since March 2019, is an eco-friendly integrated service provider in Singapore’s construction industry. The Group specialises in excavation, demolition, building construction solutions, fleet management, and recycling of construction and demolition waste. Organised into three main business segments—excavation services, logistics and leasing, and recycling—the Group has established a strong reputation for reliable project execution and delivery since its inception in 2009.

The company’s synergistic business model and proven track record position it well for growth and further expansion in Singapore’s highly competitive construction sector.

Contact Information

For further inquiries, investors and media can contact Mr. Alex Tan at 8PR Asia Pte Ltd. (Mobile: +65 9451 5252, Email: [email protected]).

The corporate website can be accessed at https://reclaims.sg.

Disclaimer

This article is provided for informational purposes only and does not constitute investment advice or a solicitation to buy or sell any securities. The information contained herein is based on a press release reviewed by SAC Capital Private Limited, but has not been examined or approved by the Singapore Exchange Securities Trading Limited (SGX-ST). Investors should conduct their own due diligence and consult with professional advisors before making any investment decisions.

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