BBR Holdings unit to buy iMax SG Ventures for SGD32 million

  • BBR’s unit Alika PBSA Holdings agreed to acquire 100% of iMax SG Ventures from Poh Qi Pin for a purchase consideration tied to an agreed property value of SGD 32 million.
  • iMax SG Ventures holds rights to a lease with Nanyang Technological University for a student hostel at 40 Nanyang Drive with 670 beds.
  • Payments at completion include repayment of about SGD 20.55 million owed by the target to a lender and settlement of outstanding amounts owed to the university lessor.
  • Knight Frank valued the leasehold interest in the property at SGD 33.8 million.
  • BBR plans to form a 50:50 joint venture with Proj X to provide operations and management services for the hostel.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. BBR Holdings (S) Ltd. published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: 7R0ZTNAO95VG69KF) on March 19, 2026, and is solely responsible for the information contained therein.

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