REPUBLIC HC (08357) announced that on April 21, 2026, the buyer, Republic Healthcare Holdings Pte Ltd, an indirect wholly-owned subsidiary of the company, entered into a heads of agreement with the seller, Benedicici Pte Ltd. Under the agreement, the seller agreed to sell and the buyer agreed to purchase the property for a consideration of S$1.03 million. The property is located at Unit #06-07, 10 Ubi Crescent, Singapore 408564, with a floor area of approximately 1,658 square feet. The Group intends to hold the property as an investment to generate rental income. The Directors believe the acquisition provides the Group with an opportunity to diversify its revenue streams and enhance the stability of its recurring income base. The property is situated in a well-established commercial area in Singapore and is expected to provide stable rental demand over the long term. Furthermore, the acquisition allows the Group to deploy capital into a tangible asset with potential for capital appreciation while also hedging against inflationary pressures through growth in rental income.