Worth reading
59In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Neutral
Direction inferred from the company’s description.Scale
10
Less than 10% of revenue for the fiscal year ended December 2025Wording
Conditional
How definitive the wording is.Decision and Details
Sale of a Development Site for Real Estate for Sale
Decision30 September 2026 (date the sale and purchase agreement was signed)
Period CoveredRevenue scheduled to be recognised in the fiscal year ending December 2027
ImplementationJanuary 2027 (handover and settlement scheduled)
Going forwardHandover and settlement scheduled for January 2027, with revenue scheduled to be recognised in the fiscal year ending December 2027.
AmountSale price: Less than 10% of net sales for the fiscal year ending December 2025 (specific amount not disclosed)
Quantity / scaleSite area: 412.50 sq. m. (registered area)
Reason
The sale price and details of the purchaser and transaction will not be disclosed due to the confidentiality obligation to the purchaser.
Impact on Business Performance
Revenue scheduled to be recognised in the fiscal year ending December 2027. The specific sale price is undisclosed.
| Item | Details |
|---|---|
| Matter Covered | Sale of a Development Site for Real Estate for Sale |
| Decision Date | 30 September 2026 (date the sale and purchase agreement was signed) |
| Implementation Date | January 2027 (handover and settlement scheduled) |
| Period Covered | Revenue scheduled to be recognised in the fiscal year ending December 2027 |
| Amount | Sale price: Less than 10% of net sales for the fiscal year ending December 2025 (specific amount not disclosed) |
| Quantity / scale | Site area: 412.50 sq. m. (registered area) |
| Impact on Business Performance | Revenue scheduled to be recognised in the fiscal year ending December 2027. The specific sale price is undisclosed. |
| Reason | The sale price and details of the purchaser and transaction will not be disclosed due to the confidentiality obligation to the purchaser. |
| Future plans | Handover and settlement scheduled for January 2027, with revenue scheduled to be recognised in the fiscal year ending December 2027. |
Items this document does not state (3)
Decision-Making BodyGoverning RuleRelated previous disclosures
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.The company cites its confidentiality obligation to the purchaser as the reason for not disclosing the sale price or details of the purchaser and transaction. No reason for the sale itself is stated.
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