Koh Lin-Net, CEO of MDA is buying a $10million condo.
According to an SGX filing by Keppel Land on Tuesday (28 May), its associate company Keppel Bay Pte Ltd has granted options to family members of Mrs Koh-Lim Wen Gin (mother of Koh Lin-Net, MDA CEO), a director of the company, to purchase its own upcoming property known as Corals at Keppel Bay
http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_B2E247C695D2AF5A48257B790029AD50/$file/Sale.of.Properties.to.Directors.Corals.at.Keppel.Bay.28May2013.pdf?openelement
Two units were sold to the family members of Mrs Koh-Lim Wen Gin:
Unit #02-08 (3,477 sf – 4 bedroom)
Purchasers: Lawrence Low Kok Leong and Koh Lin-Net
Date of Option to purchase: 19 May 2013
Purchase Price: $10,085,250 ($2,901 psf)
Discount: 10%+10%+3%
Unit #01-08 (3,660 sf – 4 bedroom)
Purchasers: Kevin Koh In-Chuen
Date of Option to purchase: 20 May 2013
Purchase Price: $10,306,820 ($2,816 psf)
Discount: 10%+10%+3%
According to an SGX filing by Keppel Land on Tuesday (28 May), its associate company Keppel Bay Pte Ltd has granted options to family members of Mrs Koh-Lim Wen Gin (mother of Koh Lin-Net, MDA CEO), a director of the company, to purchase its own upcoming property known as Corals at Keppel Bay
http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_B2E247C695D2AF5A48257B790029AD50/$file/Sale.of.Properties.to.Directors.Corals.at.Keppel.Bay.28May2013.pdf?openelement
Two units were sold to the family members of Mrs Koh-Lim Wen Gin:
Unit #02-08 (3,477 sf – 4 bedroom)
Purchasers: Lawrence Low Kok Leong and Koh Lin-Net
Date of Option to purchase: 19 May 2013
Purchase Price: $10,085,250 ($2,901 psf)
Discount: 10%+10%+3%
Unit #01-08 (3,660 sf – 4 bedroom)
Purchasers: Kevin Koh In-Chuen
Date of Option to purchase: 20 May 2013
Purchase Price: $10,306,820 ($2,816 psf)
Discount: 10%+10%+3%