Corporate digest
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Perennial Real Estate Holdings, Wilmar International
WILMAR International has upped its stake in Perennial Real Estate Holdings, strengthening ties between the long-time corporate allies.
Wilmar has acquired 51.7 million Perennial shares on Nov 27 at 88.08 Singapore cents a share. This bumps up Wilmar's stake in Perennial to 20 per cent, from 16.89 per cent earlier.
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