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Published Tue, Dec 10, 2013 · 10:00 PM
Top Global plans Indonesian foray
AS PART of its bid to be a regional property developer, Top Global Limited (TGL) is entering the Indonesian property market through a related party transaction. It has proposed to acquire a 71.5 per cent stake in Indonesian property company PT Suryamas Dutamakmur Tbk for a deemed value of about $153 million under a "very substantial acquisition". The vendors of the stake are direct…
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