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Swee Hong finds buyer for North Coast Lodge dorm to pay creditors

SINGAPORE (May 18): Swee Hong, the civil engineering contractor which has been taken to Court by several of its creditors over delayed payments, has agreed to sell the rights to build, manage and operate North Coast Lodge foreign workers’ dormitory to S11 Capital Investments for $23.8 million. In February, Swee Hong had filed an application in the High Court to propose a debt restructuring plan for three of its creditors - United Overseas Bank, the Building and Construction Authority of Singap...
Swee Hong Construction Authority Of Singapore United Overseas Bank Coast Lodge High Court North Coast Lodge

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HDB to commission study to look into mould issues of Sengkang, Punggol flats

Singapore News - The Housing Board will be commissioning an independent professional technical study to look into mould growth observed at Anchorvale Parkview in Sengkang and Matilda Court in Sumang Lane in Punggol. The study, which is expected to take three to four months, will look at why... Read more at www.tnp.sg
Singapore General Shahira Abdullah Kiak Sembawang Jane Wendy Desmond Lee Anchorvale Parkview

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