Coliwoo Holdings Limited Exercises Call Option to Acquire Hotel Strata Lot at Changi Business Park

Key Highlights

• Acquisition of Significant Asset: Coliwoo Holdings Limited (“Coliwoo” or the “Company”) has announced that its indirect wholly-owned subsidiary, Coliwoo Project Ace Pte Ltd (the “Purchaser”), has exercised its call option for the acquisition of a leasehold estate in a hotel strata lot, inclusive of some retail units, located at 2 Changi Business Park Avenue 1, Singapore 486015.
• Binding Contract Established: This exercise of the call option establishes a binding contract between the Purchaser and Perpetual (Asia) Limited (acting as trustee of Viva Trust, the “Vendor”) for the sale and purchase of the property, in accordance with the terms and conditions of the previously signed Put and Call Option Agreement dated 30 January 2026.
• Asset Includes Mechanical & Electrical Equipment: The acquisition not only covers the hotel strata lot and retail units, but also certain mechanical and electrical equipment, which may enhance the operational value and revenue-generating potential of the asset.
• Ongoing Developments: The Company assures investors that further announcements will be released as and when there are material developments concerning this acquisition.

Implications for Shareholders

• Potential Share Price Movement: This acquisition represents a significant capital deployment and expansion in Coliwoo’s property portfolio, especially within the hospitality and retail sectors in a key business district. Shareholders should note that such strategic acquisitions may positively influence the Company’s long-term revenue streams and asset base, potentially impacting share value.
• Strategic Location: The property at Changi Business Park is a prime location, known for its high business activity and connectivity, which could further enhance the asset’s attractiveness and rental yield.
• Execution of Call Option: The transition from an optional agreement to a binding contract reduces transactional uncertainty and demonstrates management’s commitment to growth and value creation.
• Material Announcements to Follow: Investors are advised to stay alert to further disclosures, as material updates related to financing, integration, or operational performance of the acquired asset could be price-sensitive.

Additional Details

• The Put and Call Option Agreement was initially entered into on 30 January 2026 between Coliwoo Project Ace Pte Ltd and Perpetual (Asia) Limited (as trustee of Viva Trust).
• Coliwoo Holdings Limited is listed on the Mainboard of the Singapore Exchange Securities Trading Limited (“SGX-ST”), with Maybank Securities Pte. Ltd. acting as the Issue Manager and Global Coordinator for its initial public offering.
• The announcement of the execution of the call option was made by Lim Lung Tieng, Executive Chairman and Chief Executive Officer, on 13 March 2026.

Conclusion

The exercise of the call option for the acquisition of the hotel strata lot at Changi Business Park marks a strategic milestone for Coliwoo Holdings Limited. This move is expected to strengthen the Company’s portfolio in the hospitality and retail sectors, and may have a positive impact on future earnings and share value. Shareholders are encouraged to monitor future announcements closely for further developments regarding this acquisition.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Investors should conduct their own research or consult financial advisors before making investment decisions related to Coliwoo Holdings Limited.

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