Ann: Extension of AVID Due Diligence Period, page-2

Could be warning signs that deal will fall through. If related party can give a binding offer than you know something is up.

Either there are issues or they are just there to be a annoy the other party. Delay tactics waiting to match or push other party higher.

I would say Ho Bee Land is there just to get AVJ closer to NTA for singaporeans if they had to sell or to get rid of AVID.

They are not serious buyers.