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Notes to the Financial Statement
For the year ended 31st December 2011
NATURAL COOL HOLDINGS LIMITED
Annual Report 2011 103
31 Subsequent events
In January 2012, the Company’s wholly-owned subsidiary, NCAE, entered into an option to purchase
2 properties located at 42 Toh Guan East for a total consideration of $4.3 million. In March 2012,
these purchases have been completed.