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Albedo RTO deal gets larger as more land is acquired

Monday, December 16, 2013 - 06:00

THE size of the reverse takeover (RTO) of steel trader Albedo has swelled, with the target company injecting more land in Iskandar, Johor, into the deal. In a regulatory filing, Albedo said it will buy six more plots of land from Infinite Rewards - controlled by Malaysian tycoon Danny Tan - on

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