Gelonghui May 9 丨LHN(017305lionsmegawaysslot.HK) Announcement5lionsmegawaysslot, the board of directors is pleased to announce that the GSM property acquisition has been completed on May 9, 2024. GSM Property Price5lionsmegawaysslot(i.e. Singapore million (excluding Goods and Services Tax))(the "Consideration Balance", i.e. the total consideration less a non-refundable deposit amount of Singapore million (excluding Goods and Services Tax)) was paid to the GSM seller on May 9, 2024. The group has submitted a request to Macritchie Developments Pte5lionsmegawaysslot.Ltd. ("MDPL") sold 20% interest in the buyer, and upon completion of the disposal, the buyer was held as to 80% and 20% respectively by the Group and MDPL. The balance of the consideration has been settled through bank borrowings from the buyer.
